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Former Haggen records $413,000 operating loss for Aug. 12 to Sept. 8
By Caroline Salls
Pittsburgh, Oct. 7 – HH Liquidation, LLC, formerly Haggen Holdings, LLC, reported a $413,000 loss from operations for the period of Aug. 12 through Sept. 8 on zero net sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company posted $873,000 of income from operations for the period of July 15 through Aug. 11 on $41,000 in net sales.
The net loss for the latest period was $2.88 million, widening from a $1.3 million net loss for the previous period.
In addition, Haggen had $44.88 million in cash and cash equivalents as of Sept. 8, down from $46.07 million at Aug. 11.
Based in Bellingham, Wash., Haggen is a supermarket company. It filed for bankruptcy on Sept. 8, 2015 under Chapter 11 case number 15-11874.
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