American Apparel Inc., the vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel headquartered in Los Angeles, announced preliminary sales for the month and quarter ended March 31, 2012. The company reported that for the month ended March 31, 2012, total net sales increased 15 percent to $49.0 million when compared to the month ended March 31, 2011. Between the same periods, comparable store sales on a preliminary basis increased an estimated 21 percent and wholesale net sales increased an estimated 10 percent. For the quarter ended March 31, 2012, total net sales increased an estimated 14 percent to $132.7 million, comparable store sales increased an estimated 15 percent and wholesale net sales increased an estimated 17 percent.
- Companies:
- American Apparel