American Apparel (APP) Comps Rose 6% in Feb.

American Apparel, Inc. (AMEX: APP) announced preliminary sales for the month ended February 28, 2013, and reported that comparable sales increased 6%, including a 3% increase in comparable store sales for its retail store channel and a 28% increase in net sales for its online channel. Wholesale net sales decreased 2% for the month of February primarily due to one less wholesale shipping day in 2013 (February 2012 had 29 days). If adjusted to eliminate the effect of the extra shipping day in 2012, the Company estimates wholesale net sales would have shown an increase of approximately 4%. On a preliminary basis, total net sales for February 2013 were $42.1 million.

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