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Published on 12/5/2017 in the Prospect News Distressed Debt Daily.

Toys ‘R’ Us posts $109 million operating loss for Sept. 18 to Oct. 28

By Caroline Salls

Pittsburgh, Dec. 5 – Toys ‘R’ Us, Inc. reported a $109 million operating loss for the period of Sept. 18 through Oct. 28 on $650 million in net sales, according to its monthly operating report filed Dec. 4 with the U.S. Bankruptcy Court for the Eastern District of Virginia.

The net loss for the period was $329 million.

In addition. Toys ‘R’ Us had $214 million in cash and cash equivalents as of Oct. 28.

Toys ‘R’ Us is a Wayne, N.J., toy retailer. The company filed for bankruptcy on Sept. 19 under Chapter 11 case number 17-34665.


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