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Le Tote sees $3.11 million of operating income for August
By Sarah Lizee
Olympia, Wash., Sept. 29 – Le Tote, Inc. reported a $3.11 million operating income on $30.31 million gross revenue for August, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Eastern District of Virginia.
Net income for the period was $1.97 million.
The company listed August cash and cash equivalents of $4.56 million.
New York-based Lord & Taylor, a unit of Le Tote, operates fashion stores in the United States. The company filed bankruptcy on Aug. 2 under Chapter 11 case number 20-33332.
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