American Apparel Inc. Announces Comparable Sales for June 2013 Increased 7%
"June represents our 25th consecutive month of positive comparable store sales growth," said Dov Charney, chairman and chief executive of American Apparel Inc. "I am excited with the 7 percent increase in comparable store sales in June, particularly since it is on top of the 19 percent increase achieved in June 2012. Likewise, the 16 percent increase in wholesale net sales is on top of a 7 percent increase achieved for the month ended June 30, 2012. Sales growth was across a broad range of product categories and demonstrates the strength of our summer product offering. Thus far, July sales are solidly positive in our retail and online channels, and we expect a meaningful increase in our wholesale net sales this month when compared to the prior year."
- Companies:
- American Apparel