American Apparel Inc., the Los Angeles-based vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, announced preliminary sales for the month and quarter ended June 30, 2012. The company reported that for the month ended June 30, 2012, total net sales increased 16 percent to $52.1 million when compared to the month ended June 30, 2011. Between the same periods, comparable store sales on a preliminary basis increased an estimated 19 percent and wholesale net sales increased an estimated 8 percent. For the quarter ended June 30, 2012, total net sales increased an estimated 12 percent to $149.2 million, comparable store sales increased an estimated 16 percent and wholesale net sales increased an estimated 10 percent.
- Companies:
- American Apparel