Hostess loss widens to $17.6 million in period
IRVING, TEXAS — Hostess Brands, Inc. sustained a loss of $17,588,000 in the four weeks ended July 28. This compared with a loss of $5,126,000 in the four weeks ended June 30 and a loss of $4,465,000 in the five weeks ended June 2. Hostess suffered a loss before interest, taxes, depreciation and amortization of $8,717,000, which compared with a loss of $4,403,000 and $6,736,000, in the periods ended June 30 and June 2, respectively.
Net sales in the four weeks ended July 28 were $174,754,000, which compared with $186,306,000 in the four weeks ended June 30.
Hostess Brands listed its total assets as of July 28 at $1,052,707,000 and total liabilities at $2,539,913,000.
The results were filed Aug. 31 in the U.S. Bankruptcy Court Southern District of New York.