Plus   Neg

American Apparel Sees 14% Increase In Q1 Sales

Fashion apparel retailer American Apparel, Inc. (APP) Wednesday reported preliminary first-quarter results, wherein total net sales increased an estimated 14 percent to $132.7 million.

Comparable store sales for the quarter increased an estimated 15 percent and wholesale net sales increased an estimated 17 percent.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Conagra Brands, Inc. (CAG) reported that its third-quarter adjusted earnings per share from continuing operations grew 27.1% to $0.61 from $0.48, prior year. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.56 for the quarter. Analysts' estimates typically exclude special items. Aided by a lower effective tax rate, earnings per share from continuing operations grew 112.2% to $0.87 from $0.41, a year ago. Saudi Arabia's oil major Aramco is reportedly planning to list its much hyped initial public offering on the Saudi stock market, Tadawu only. Earlier, the Dhahran-based Saudi Arabian national petroleum company was planning for a wider international listing. Following a disastrous week of public-relations fiascoes involving transportation of pets, United Airlines said Tuesday it is suspending its Petsafe program with immediate effect. PetSafe is United Airlines' specially designed program for transporting animals that are not eligible to travel in the aircraft cabin. The program offers airport-to-airport travel for animals to nearly 300 destinations.
comments powered by Disqus
Follow RTT