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Brookstone – September M.O.R. Reports Net Loss of $14.6 million on $19.4 million in Net Sales

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October 31, 2018 – Brookstone filed with the U.S. Bankruptcy Court a monthly operating report for September 2018 [Docket No. 673]. For the month, the Debtor reported a net loss from operations of $13.9 million and a net loss of $14.6 million on $19.4 million in net sales. Expenses were comprised of (i) $16.2 million in cost of goods sold, (ii) $ 17.1 million in operating expenses and (iii) $0.8 million in interest expense. Cash at the beginning and end of the month was $780,000 and $1.0 million, respectively.

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The post Brookstone – September M.O.R. Reports Net Loss of $14.6 million on $19.4 million in Net Sales appeared first on Daily Bankrupt Company Updates | Bankrupt Company News.


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