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Former Haggen records $11,000 of operating income for January period
By Caroline Salls
Pittsburgh, Feb. 24 – HH Liquidation, LLC, formerly Haggen Holdings, LLC, reported $11,000 of income from operations for the period of Dec. 30 through Jan. 26 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 $450,000 of income from operations for the period of Dec. 2 through Dec. 29 on negative $6,000 in net sales.
The net loss for the latest period was $650,000, declining from $1.89 million of net income for the previous period.
In addition, HH Liquidation had $41.41 million in cash and cash equivalents as of Jan. 26, up from $39.64 million at Dec. 29.
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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