RoomStore net loss narrows to $184,000 in April; net sales decrease

By Caroline Salls

Pittsburgh, June 14 - RoomStore, Inc. reported a $184,000 net loss for April on $6.4 million of net sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Eastern District of Virginia.

In comparison, RoomStore posted a $2.73 million net loss for March on $7.91 million of net sales.

The company had $29,000 of cash and cash equivalents at April 30, down from $32,000 at the end of March.

Richmond, Va.-based home furnishing retailer RoomStore emerged in 2005 as the surviving company from Heilig-Meyers Co.'s Chapter 11 case. The company then filed for bankruptcy on Dec. 12, 2011. 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.