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Former Rockport reports $3.16 million net loss for September
By Sarah Lizee
Olympia, Wash., Oct. 24 – RP Co. Liquidating, LLC, formerly Rockport Co., LLC, reported a $3.16 million net loss for September on $10.1 million of gross income/sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company reported a $14.15 million net profit for August on $5.59 million of gross income/sales.
The cash balance at the end of September was $7.07 million, down from $9.9 million at the end of August.
Rockport, a West Newton, Mass.-based footwear company, filed its first bankruptcy case on May 14, 2018, and emerged from those proceedings on Dec. 31, 2018. The company filed bankruptcy a second time on June 14 under Chapter 11 case number 23-10774.
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