American Apparel Announces Preliminary January Comparable Store Sales up 14%
American Apparel, Inc. (NYSE: APP) announced preliminary sales for the month ended January 31, 2012. The Company reported that for the month of January 2012, total net sales increased 14% to $41.4 million.
For the same period, comparable store sales increased an estimated 15% on an estimated 11% increase at retail stores and an estimated 39% increase in online sales. For the month wholesale net sales increased an estimated 21%.
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