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American Apparel February Comps Up 6%, Sees FY13 Revenues Above View

American Apparel, Inc. (APP) Thursday said comparable store sales for the month of February grew 6 percent, with a 28 percent increase in its online channel and 3 percent growth at retail stores.

On a preliminary basis, sales for the month totaled $42.1 million, down 2 percent from last year.

Adjusting for the extra shipping day last year, sales would have grew 4 percent year-over-year.

The company also re-affirmed its full-year sales outlook in the range of $652 million to $660 million. Analysts, based on consensus, currently expect full-year revenues of $479.96 million.

by RTTNews Staff Writer

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