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Published on 7/26/2010 in the Prospect News Distressed Debt Daily.

Uno Restaurant Holdings reports $2.92 million net loss for June

By Caroline Salls

Pittsburgh, July 26 - Uno Restaurant Holdings Corp. reported a $2.92 million net loss for the period of May 31 to June 27 on net revenues of $19.02 million, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.

In comparison, the company posted a $1.07 million net loss the period of May 3 to May 30 on net revenues of $18.94 million.

Uno had cash and cash equivalents of $690,304 at June 27, up from $167,527 at May 30.

The Boston-based owner, operator and franchiser of Uno Chicago Grill filed for bankruptcy on Jan. 20, 2010. The Chapter 11 case number is 10-10209.


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