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Last $0.56 USD
Change Today +0.0141 / 2.60%
Volume 419.0K
As of 8:04 PM 06/3/15 All times are local (Market data is delayed by at least 15 minutes).

american apparel inc (APP) Snapshot

Open
$0.54
Previous Close
$0.54
Day High
$0.56
Day Low
$0.54
52 Week High
07/14/14 - $1.30
52 Week Low
12/2/14 - $0.50
Market Cap
98.0M
Average Volume 10 Days
720.1K
EPS TTM
$-0.46
Shares Outstanding
176.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for AMERICAN APPAREL INC (APP)

american apparel inc (APP) Details

American Apparel, Inc. designs, manufactures, distributes, retails, and sells branded fashion basic apparel products, and clothing and accessories for women, men, children, and babies. It offers T-shirts, denim, sweaters, jackets, and accessories. The company sells its products through the wholesale distribution channel, including supplying T-shirts and other casual wear to distributors and screen printers; direct to customers through its retail stores; and through an online retail e-commerce Website, americanapparel.com. As of December 31, 2014, it operated a total of 242 retail stores in 20 countries comprising the United States, Canada, the United Kingdom, Australia, Austria, Belgium, Brazil, China, France, Germany, Ireland, Israel, Italy, Japan, Mexico, the Netherlands, South Korea, Spain, Sweden, and Switzerland. American Apparel, Inc. was founded in 1998 and is headquartered in Los Angeles, California.

10,000 Employees
Last Reported Date: 05/11/15
Founded in 1998

american apparel inc (APP) Top Compensated Officers

Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $154.6K
Chief Manufacturing Officer
Total Annual Compensation: $430.8K
Executive Vice President, General Counsel and...
Total Annual Compensation: $20.0K
Compensation as of Fiscal Year 2014.

american apparel inc (APP) Key Developments

Former Chief Executive Dov Charney Sues American Apparel Inc. Alleging Defamation and Mental and Emotional Distress

American Apparel Inc. announced that former Chief Executive Dov Charney sued the company and its chairman Colleen Brown, alleging defamation and mental and emotional distress. American Apparel announced that it would 'vigorously dispute' the claims. The lawsuit, filed in California Superior Court, seeks a minimum of USD 20 million in damages. The lawsuit is one of several from Charney, who was suspended as CEO last June and dismissed six months later.

American Apparel, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Retail Store Impairment for the First Quarter Ended March 31, 2015

American Apparel, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales of $124,263,000 compared to $137,096,000 a year ago. Loss from operations was $22,930,000 compared to $7,496,000 a year ago. Loss before income taxes was $25,687,000 compared to $4,992,000 a year ago. Net loss was $26,424,000 or $0.15 per basic and diluted share compared to $5,466,000 or $0.05 per basic and diluted share a year ago. Net cash provided by operating activities was $3,082,000 compared to $3,915,000 a year ago. Capital expenditures were $1,120,000 compared to $3,958,000 a year ago. Adjusted LBITDA was $7,926,000 compared to adjusted EBITDA of $843,000 a year ago. Non-GAAP loss from operations was $13,419,000 compared to $7,496,000 a year ago. Results for the first quarter of 2015 include $9.5 million, or $0.05 per share, related to significant charges. For the first quarter ended March 31, 2015, the company reported retail store impairment of $58,000 compared to $499,000 a year ago.

American Apparel Inc. to Cut 180 Jobs

American Apparel Inc. is laying off about 180 employees as the company tries to engineer a comeback in the midst of worker discontent with new management. Most of the job losses are coming from American Apparel's sprawling manufacturing operations in Southern California. Some office positions also are being eliminated. The layoffs will involve 3.8% of the company's approximately 4,800 manufacturing and office workers in Southern California. Employees at the nearly 250 American Apparel stores won't be affected. In all, the company employs nearly 10,000 people.

 

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