- For the year: Up 150 percent to $36.6 million in 2012 from $14.5 million in 2011.
- For the fourth quarter: Up 95 percent to $17.8 million in 2012 from $9.1 for in 2011.
Earnings (Loss) per Share, Diluted:
- For the year: Up $0.07 per share to a loss of $0.35 in 2012 from a loss of $0.42 in 2011.
- For the fourth quarter: Up $0.15 per share to $0.04 in 2012 from a loss of $0.11 in 2011.
Dov Charney, chairman and CEO of American Apparel Inc., stated, "We are pleased with our fourth quarter results that again show solid growth and continuing momentum in all business segments and almost all major geographies. Significant sales growth, operating expense control and the acceleration of leverage of our fixed costs allowed us to increase EBITDA performance to $17.8 million for the fourth quarter of 2012 from $9.1 million for the fourth quarter of 2011. For the full year, EBITDA increased to $36.6 million from $14.5 million in the prior year. Although we are pleased with this growth, we are focused on continuing to improve our financial performance. During this past year, we have carefully invested in systems and infrastructure to facilitate future growth.
- Companies:
- American Apparel
- Versa-Tags
- Places:
- Los Angeles