American Apparel (AAP) July Comps Up 20%
Tweet
Share
E-mailGet Alerts APP Hot Sheet
Join SI Premium – FREE
American Apparel, Inc. (AMEX: APP) said July comparable store sales on a preliminary basis increased an estimated 20% and wholesale net sales increased an estimated 7%.
Total net sales on a preliminary basis increased 14% to $53.8 million.
"We are pleased to announce very strong performance across our retail, wholesale, and online channels,” said Dov Charney, Chief Executive Officer. “Our stores are now posting double digit comparative store sales and more than ninety percent of our stores posted positive comparative results during the month of July. We are confident that our inventory and merchandising strategy is aligned to continue this trend into the back to school selling season.”
Total net sales on a preliminary basis increased 14% to $53.8 million.
"We are pleased to announce very strong performance across our retail, wholesale, and online channels,” said Dov Charney, Chief Executive Officer. “Our stores are now posting double digit comparative store sales and more than ninety percent of our stores posted positive comparative results during the month of July. We are confident that our inventory and merchandising strategy is aligned to continue this trend into the back to school selling season.”
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- AppLovin Corp (APP) PT Lowered to $325 at Piper Sandler
- Asbury Automotive parts ways with chief human resources officer
- Wingstop SVP and chief brand officer to resign in September
Create E-mail Alert Related Categories
Retail SalesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
