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Published on 10/13/2017 in the Prospect News Distressed Debt Daily.

Beaulieu records $2.82 million operating loss for July 30 to Aug. 26

By Caroline Salls

Pittsburgh, Oct. 13 – Beaulieu Group, LLC reported a $2.82 million operating loss for the period of July 30 to Aug. 26 on $1.66 million in net sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Northern District of Georgia.

Beaulieu also posted negative $2.23 million in EBITDA and a $3.52 million net loss for the period.

The company had $2.67 million in cash and cash equivalents as of Aug. 26.

Dalton, Ga.-based Beaulieu Group is a privately owned manufacturer and distributor of flooring products. The company filed bankruptcy on July 16 under Chapter 11 case number 17-41677.


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