Penn Traffic to File Financial Results

Penn Traffic Co. said it expects to file year-end financial results with the Securities and Exchange Commission at the end of the month.

SYRACUSE, N.Y. — Penn Traffic Co. here said it expects to file year-end financial results with the Securities and Exchange Commission at the end of the month. It will mark the first public release of full-year audited financial results since 2002. The company said the upcoming filing follows a waiver of certain provisions of its credit facility agreements with working capital credit facility lenders, which set a deadline of tomorrow for delivering audited financials. Penn Traffic said it was able to deliver those results ahead of schedule, on July 2. The company did release unaudited results in October of last year covering the nine months from its emergence from Chapter 11 in April 2005 through Jan. 28, 2006, the end of its fiscal year, and from Jan. 29 through Sept. 23, 2006, the first 39 weeks of the last fiscal year, but its audited filings have been delayed by ongoing government investigations into its accounting for vendor rebates.

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