American Apparel (APP) Rips Following Strong March Sales
Tweet
Share
E-mailGet Alerts APP Hot Sheet
Join SI Premium – FREE
American Apparel (AMEX: APP) is ripping in after-hours trading Wednesday after reporting its preliminary March sales metrics.
The retailer said sales rose 15 percent to $49 million while comparable store sales on a preliminary basis increased an estimated 21 percent and wholesale net sales increased an estimated 10 percent.
For the quarter, comps were up 15 percent.
In late trading, American Apparel shares are up well above 15 percent.
The retailer said sales rose 15 percent to $49 million while comparable store sales on a preliminary basis increased an estimated 21 percent and wholesale net sales increased an estimated 10 percent.
For the quarter, comps were up 15 percent.
In late trading, American Apparel shares are up well above 15 percent.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Parsons Corporation (PSN) halted on volatility, down 33%
- Trump administration to end Medicare drug plan subsidy after 2026 - WSJ
- Lucid Group stock surges 24% on Saudi prince investment
Create E-mail Alert Related Categories
Momentum Movers, Retail Sales, Trader TalkSign 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!
