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Heritage Home sees $4.98 million operating loss for Aug. 26-Sept. 29
By Caroline Salls
Pittsburgh, Oct. 31 – Heritage Home Group, LLC reported a $4.98 million loss from operations for the period of Aug. 26 through Sept. 29 on $17.98 million in net sales, according to its monthly operating report filed with the U.S. Bankruptcy Court for the District of Delaware.
Those figures showed improvement over the $5.44 million loss from operations posted for the period of July 29 through Aug. 25 on $14.42 million in net sales.
The net loss for the September period was $8.17 million, narrowing slightly from an $8.25 million net loss for the previous period.
Heritage Home had $4.28 million in cash as of Sept. 29, up from $2.63 million at Aug. 25.
High Point, N.C.-based Heritage Home Group is a home furnishings manufacturer and retailer. The company filed bankruptcy on July 29 under Chapter 11 case number 18-11736.
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