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Former Haggen’s operating income drops to $2,000 in November period
By Caroline Salls
Pittsburgh, Dec. 30 – HH Liquidation, LLC, formerly Haggen Holdings, LLC, reported $2,000 of income from operations for the period of Nov. 4 through Dec. 1 on zero net sales, according to its monthly operating report filed Dec. 30 with the U.S. Bankruptcy Court for the District of Delaware.
Those figures declined from $919,000 of income from operations posted for the period of Oct. 7 through Nov. 3 on $1,000 in net sales.
The net loss for the latest period was $511,000, narrowing from a $770,000 net loss for the previous period.
In addition, HH Liquidation had $40.32 million in cash and cash equivalents as of Dec. 1, down from $42.45 million at Nov. 3.
Based in Bellingham, Wash., Haggen is a supermarket company. It filed for bankruptcy on Sept. 8, 2015 under Chapter 11 case number 15-11874.
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