Former Performance Sports operating loss shrinks to $53,133 in May

By Caroline Salls

Pittsburgh, June 30 – Old BPSUSH Inc., formerly Performance Sports Group Ltd., reported a $53,133 operating loss for May on zero revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, Old BPSUSH posted a $57,385 operating loss for April, also on zero revenue.

The net loss for May was $10.91 million, widening from a $1.78 million April net loss.

In addition, the company had $29.67 million in cash as of May 31, up from $28.64 million at the end of April.

Performance Sports is based in Exeter, N.H., and makes sports equipment and apparel. The company filed for bankruptcy on Oct. 31, 2016 under Chapter 11 case number 16-12373.

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