Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

American Apparel Reports 13 Percent Rise In February Net Sales - Quick Facts

RELATED NEWS
Trade APP now with 

Retailer of branded fashion basic apparel, American Apparel Inc (APP: Quote) Monday reported a 13 percent increase in total net sales for February 2012 at $42.1 million compared to the same month last year.

The company stated that comparable store sales for the month increased 10 percent and wholesale net sales increased by 24 percent over the same period last year.

Dov Charney, Chairman and CEO of the company commented :. "Our comparable store sales increase was driven by a combination of higher unit sales and an increase in average unit retail prices. Our imprintable wholesale sales continue to run at record levels across a broad base of customers and categories….."

Click here to receive FREE breaking news email alerts for American Apparel Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
While buying interest has remained somewhat subdued, stocks continue to see modest strength in mid-day trading on Wednesday. The Dow has pulled back off its new record intraday high but remains in positive territory. Republican Joni Ernst has moved into the lead in the potentially crucial Iowa Senate race, according to the results of a Quinnipiac University poll released on Wednesday. The poll found that 50 percent of likely Iowa voters would support Ernst if the election were held today, while 44 percent would vote for Democratic Rep. Bruce Braley. With a firming job market helping to unleash pent-up demand for new homes, the National Association of Home Builders released a report on Wednesday showing that U.S. homebuilder confidence jumped to its highest level in almost nine years in September.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.