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Former Haggen operating income $4.12 million for Sept. 9 to Oct. 6
By Caroline Salls
Pittsburgh, Nov. 23 – HH Liquidation, LLC, formerly Haggen Holdings, LLC, reported $4.12 million of income from operations for the period of Sept. 9 through Oct. 6 on $3.08 million in net sales, according to its monthly operating report filed Nov. 22 with the U.S. Bankruptcy Court for the District of Delaware.
The figures showed improvement over the $413,000 loss from operations posted for the period of Aug. 12 through Sept. 8 on zero net sales.
Net income for the latest period was $2.58 million, compared with a $2.88 million net loss for the previous period.
In addition, HH Liquidation had $45.49 million in cash and cash equivalents as of Oct. 6, up from $44.88 million at Sept. 8.
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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