American Apparel (APP) Reports Q3 Loss of 11c/Share
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Revenue Growth %: +35.7%
Financial Fact:
Gross profit: 309.14M
Today's EPS Names:
SHIM, KOD, HEWA, More
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American Apparel (NYSE: APP) reported Q3 EPS of ($0.11), versus ($0.01) reported last year. Revenue for the quarter came in at $155.87 million, versus $164.54 million reported last year.
Adjusted EBITDA was $13.5 million, an increase of 38% against $9.8 million for the same period in 2013.
Comparable retail and online sales decreased by 7% and 5%, respectively, while wholesale sales increased by 2% over the same period in 2013.
Company Outlook
The Company reaffirms previously issued guidance that Adjusted EBITDA will be in the range of $40 million to $45 million for the twelve months ending December 31, 2014.
For earnings history and earnings-related data on American Apparel (APP) click here.
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