KASH N' KARRY LOSS DEEPENS FOR YEAR

TAMPA, Fla. (FNS) -- Kash n' Karry Food Stores here, which is expected to emerge from Chapter 11 bankruptcy protection by the end of the year, generated a net loss of $38 million in fiscal 1994 ended July 31, more than triple the $12 million loss of fiscal 1993.About $11 million of the fiscal 1994 loss stemmed from costs associated with closing a net of 12 stores and various financing expenses, according

TAMPA, Fla. (FNS) -- Kash n' Karry Food Stores here, which is expected to emerge from Chapter 11 bankruptcy protection by the end of the year, generated a net loss of $38 million in fiscal 1994 ended July 31, more than triple the $12 million loss of fiscal 1993.

About $11 million of the fiscal 1994 loss stemmed from costs associated with closing a net of 12 stores and various financing expenses, according to a 10-K annual report filed with the Securities and Exchange Commission. An ad

Register to view the full article

Already a member? .