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Rockport net loss grows to $1.21 million in October on zero net sales
By Caroline Salls
Pittsburgh, Dec. 4 – Rockport Co., LLC posted a $1.21 million net loss for October on zero net sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, Rockport reported a $36,886 net loss for September, also on zero net sales.
The company had $53.71 million in cash and cash equivalents as of Oct. 31, down from $55.4 million at the end of September.
Rockport, a West Newton, Mass.-based footwear company, filed bankruptcy on May 14. The Chapter 11 case number is 18-11145.
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