American Apparel reports January SSS up 10% American Apparel announced January comparable store sales increased 10%, including a 7% increase in comparable store sales for its retail store channel and a 24% increase in net sales for its online channel. Wholesale net sales increased 14% for January and total net sales increased 11% to $46.4M, a company record.
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American Apparel sees FY14 revenue $634M-$658M, two estimates $667.58M Sees FY14 adjusted EBITDA $40M-$50M. Raw material costs are estimated at current prices and foreign currency exchange rates are estimated to remain at current levels.