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Deb Stores records $382,486 net profit for Aug. 30 to Oct. 3 period
By Caroline Salls
Pittsburgh, Oct. 30 – Deb Stores Holding LLC posted a net profit of $382,486 for the period of Aug. 30 to Oct. 3 on $0.29 in revenue, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, Deb Stores reported a $2.54 million net profit for the period of Aug. 2 through Aug. 29, also on $0.29 in net revenue.
The company had $3.77 million in cash and cash equivalents as of Oct. 3, up from $3.41 million at Aug. 29.
Deb Stores is the parent company of Deb Shops, a Philadelphia-based retailer that specializes in junior and plus-sized merchandise for women aged 13 to 25. Deb Stores filed for bankruptcy on Dec. 4, 2014. The Chapter 11 case number is 14-12676.
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