| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for RoomStore Inc. > News item |
RoomStore reports $3.53 million February net loss; net sales improve
By Lisa Kerner
Charlotte, N.C., April 16 - RoomStore, Inc. reported a $3.53 million net loss for February on $7.58 million in net sales, according to the company's monthly operating report filed Monday with the U.S. Bankruptcy Court for the Eastern District of Virginia.
In comparison, RoomStore posted a $5.01 million net loss for January on $6.98 million in net sales.
The company had $44,000 of cash and cash equivalents at Feb. 29, down from $142,000 at the end of January.
Richmond, Va.-based home furnishing retailer RoomStore emerged in 2005 as the surviving company from Heilig-Meyers Co.'s Chapter 11 case. The company filed for bankruptcy on Dec. 12. The Chapter 11 case number is 11-37790.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.