American Apparel Inc. Announces Comparable Sales for Quarter Ended September 2013
Los Angeles-based American Apparel Inc., a vertically integrated manufacturer, distributor and retailer of branded apparel, announced preliminary sales for the month ended September 30, 2013. Total net sales for September 2013 were $49.9 million, a decrease of 2 percent over September 2012. Comparable store sales for September 2013 decreased 6 percent, including an 8 percent decrease in comparable store sales in the retail store channel and an 8 percent increase in net sales in the online channel. Wholesale net sales increased 12 percent for the month as compared to September 2012. For the quarter ended September 30, 2013, total net sales increased 1 percent to $164.1 million, with a 2 percent increase in comparable sales and a 3 percent increase in wholesale net sales.
- Companies:
- American Apparel