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Aerosoles reports $1.85 million net loss for Jan. 28 through Feb. 24
By Caroline Salls
Pittsburgh, March 20 – AGI HoldCo, Inc., which does business as Aerosoles, reported a net loss of $1.85 million for the period of Jan. 28 through Feb. 24 on $3.42 million in total revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.
The loss narrowed from $2.96 million for the period of Dec. 30 to Jan. 27, and the revenue total for the latest period increased from $3.25 million in the previous period.
Cash at Feb. 24 was $4.16 million, down from $5.05 million at Jan. 27.
Aerosoles is an Edison, N.J.-based global footwear company. The company filed bankruptcy on Sept. 15, 2017 under Chapter 11 case number 17-11962.
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