Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for Haggen Holdings, LLC > News item |
Haggen marks $346,000 of operating income for Dec. 4 through Dec. 31
By Caroline Salls
Pittsburgh, Jan. 29 – Haggen Holdings LLC reported $346,000 of income from operations for the period of Dec. 4 through Dec. 31 on $57.93 million in net sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, Haggen posted a $51.96 million loss from operations for the period of Nov. 6 through Dec. 3 on $87.57 million in net sales.
Net income for the latest period was $14.89 million, improving from a $52.43 million net loss for the previous period.
In addition, the company had $33.14 million in cash and cash equivalents as of Dec. 31, up from $27.78 million at Dec. 3.
Haggen, a Bellingham, Wash.-based supermarket company, filed bankruptcy on Sept. 8. The Chapter 11 case number is 15-11874.
© 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.