Hostess loss nears $9.4 million in four-week period
IRVING, TEXAS — Hostess Brands, Inc. suffered a loss of $9,399,000 in the four weeks ended Aug. 25. This compared with a loss of $17,588,000 in the four weeks ended July 28. Hostess sustained a loss before interest, taxes, depreciation and amortization of $772,000, which compared with a loss of $8,717,000 in the period ended July 28.
Net sales in the four weeks ended Aug. 25 were $181,496,000, which compared with $174,754,000 in the four weeks ended July 28.
Hostess Brands listed its total assets as of Aug. 25 at $1,045,763,000 and total liabilities at $2,542,416,000.
The results were filed Sept. 28 in the U.S. Bankruptcy Court Southern District of New York.