Last $2.00 USD
Change Today 0.00 / 0.00%
Volume 290.6K
APP On Other Exchanges
Symbol
Exchange
NYSE Amex
Stuttgart
As of 8:04 PM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).

american apparel inc (APP) Snapshot

Open
$1.99
Previous Close
$2.00
Day High
$2.01
Day Low
$1.98
52 Week High
03/26/13 - $2.40
52 Week Low
05/21/12 - $0.78
Market Cap
221.3M
Average Volume 10 Days
513.6K
EPS TTM
$-0.53
Shares Outstanding
110.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for AMERICAN APPAREL INC (APP)

american apparel inc (APP) Latest News

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american apparel inc (APP) Details

American Apparel, Inc. engages in the design, manufacture, distribution, and sale of branded fashion basic apparel products, and clothing and accessories for women, men, children, and babies. It primarily offers T-shirts, denim, sweaters, jackets, and accessories. The company sells its products through the wholesale distribution channel, including supplying T-shirts and other casual wear to distributors and screen printers; direct to customers through its retail stores; and through an online retail e-commerce Website www.americanapparel.com. As of March 31, 2013, it operated 251 retail stores in 20 countries, including the United States, Canada, Mexico, Brazil, the United Kingdom, Ireland, Austria, Belgium, France, Germany, Israel, Italy, Netherlands, Spain, Sweden, Switzerland, Australia, Japan, South Korea, and China. American Apparel, Inc. was founded in 1998 and is headquartered in Los Angeles, California.

10,000 Employees
Last Reported Date: 05/9/13
Founded in 1998

american apparel inc (APP) Top Compensated Officers

Chairman, Chief Executive Officer and Founder
Total Annual Compensation: $800.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $416.0K
Executive Vice President, Executive Vice Pres...
Total Annual Compensation: $390.0K
Chief Manufacturing Officer
Total Annual Compensation: $312.0K
Vice President and Corporate Controller
Total Annual Compensation: $228.8K
Compensation as of Fiscal Year 2012.

american apparel inc (APP) Key Developments

American Apparel Opens New Store in Hong Kong with LAB CONCEPT

American Apparel, Inc. has announced a exclusive partnership with LAB CONCEPT to bring the brand to the Admiralty district in Hong Kong. The 1,500 square foot space in LAB CONCEPT is on par with urban American Apparel standalone stores internationally and will feature the company's signature basics, dresses, shoes, swimwear, and its California select vintage products, as well as exclusive items for the Asian market. The LAB CONCEPT partnership is part of a continuing trend with American Apparel's expansion, particularly in China and Hong Kong. The company previously operated a pop-up space in LAB CONCEPT last year. In 2012, American Apparel opened stores in Shanghai's Joy City Mall and Beijing's Parkview Green Mall, the latter of which is owned and operated by the Parkview Group headquartered in Hong Kong.

American Apparel, Inc. Announces Preliminary Sales for the Month Ended April 30, 2013

American Apparel, Inc. announced preliminary sales for the month ended April 30, 2013. On a preliminary basis, total net sales for April 2013 were $49.8 million, an increase of 4% over the prior year period. Comparable sales increased 3%, which included a 4% increase in comparable store sales for its retail store channel and a 2% decrease in net sales for its online channel. Wholesale net sales increased 7% for the month of April.

American Apparel, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Reiterates Earnings Guidance for 2013

American Apparel, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, net sales were $138,060,000 against $132,660,000 for the same period a year ago. Loss from operations was $10,477,000 against $9,795,000 for the same period a year ago. Loss before income taxes was $46,044,000 against $7,589,000 for the same period a year ago. Net loss was $46,511,000 or $0.42 per basic and diluted share against $7,891,000 or $0.07 per basic and diluted share for the same period a year ago. Consolidated adjusted EBITDA was $639,000 against $2,010,000 for the same period a year ago. Net cash used in operating activities was $6,008,000 against $8,646,000 in the same period a year ago. Capital expenditures were $7,354,000 against $3,690,000 in the same period a year ago. For 2013, the company is reiterating its outlook for adjusted EBITDA to be in the range of $47 million to $54 million. This outlook assumes net sales between $652 million and $660 million. Raw material costs are estimated at current prices and foreign currency exchange rates are estimated to remain at current levels.

 

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