Published
Oct 7, 2011
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American Apparel announces a 5% increase in net sales

Published
Oct 7, 2011

LOS ANGELES--(BUSINESS WIRE)-- American Apparel, Inc. (NYSE Amex:APP), a vertically integrated retailer, distributor, and manufacturer of branded fashion basic apparel, reported today its comparable store sales increased 3% for its third quarter ended September 30, 2011 when compared to the third quarter last year.

American Apparel
American Apparel réduit son parc de boutiques. Photo American Apparel


Wholesale net sales increased 10% between the periods. Total net sales increased 5% to $141 million in this year's third quarter as compared to net sales of $134 million in the third quarter last year. The increase in total net sales was achieved despite a decline in the number of stores in operation between the quarterly periods. At September 30, 2011, the Company operated 247 stores in 20 countries compared to 278 stores at the end of the third quarter last year.

As previously disclosed, beginning this quarter the Company computes its comparable store sales change by including sales associated with stores open for over one year together with sales from its online consumer business.

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