American Apparel (APP) Prelim. Comps Up 5% in October

American Apparel, Inc. (AMEX: APP) announced preliminary sales for the month ended October 31, 2012 and reported that total net sales on a preliminary basis increased 5% to $59.1 million when compared to the month ended October 31, 2011. Between the same periods, comparable retail and online sales on a preliminary basis increased an estimated 5% and wholesale net sales increased an estimated 17%. The Company estimates retail stores suffered an approximate 5% reduction in comparable sales from store closures related to Hurricane Sandy.

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