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Published on 5/20/2010 in the Prospect News Distressed Debt Daily.

Uno Restaurant reports $2.34 million net loss for March 29 to May 2

By Caroline Salls

Pittsburgh, May 20 - Uno Restaurant Holdings Corp. reported a net loss of $2.34 million for the period of March 29 to May 2 on revenues of $25.32 million, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of New York.

As previously reported, the company posted a $1.14 million net loss for the period of March 1 to March 28 on revenues of $20.41 million.

Uno had $179,227 in cash and cash equivalents at May 2, down from $378,004 at March 28.

The Boston-based owner, operator and franchiser of Uno Chicago Grill filed for bankruptcy on Jan. 20. The Chapter 11 case number is 10-10209.


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