American Apparel (APP) Reports Q4 Loss of $0.16/Share; Sees Being Able to Make Apr. 15 Interst Payment

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American Apparel, Inc. Reports Fourth Quarter 2014 Financial Results

March 25, 2015 5:13 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- American Apparel, Inc. (the "Company") (NYSE MKT: APP), a vertically-integrated manufacturer, distributor, and retailer of branded fashion basic apparel, announced financial results for its fourth quarter and year ended December 31, 2014.

Financial Highlights for the Fourth Quarter of 2014

Loss per share was $0.16 compared to $0.19 in the fourth quarter of 2013 Adjusted EBITDA was $10.3 million compared to $0.4 million in the fourth quarter of 2013 Operating expenses, excluding significant charges, decreased $10.9 million or 12% for the quarter, compared to the same period in 2013... More