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Last $0.67 USD
Change Today -0.02 / -2.90%
Volume 674.9K
APP On Other Exchanges
Symbol
Exchange
NYSE Amex
Stuttgart
As of 8:04 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

american apparel inc (APP) Snapshot

Open
$0.68
Previous Close
$0.69
Day High
$0.69
Day Low
$0.64
52 Week High
07/14/14 - $1.30
52 Week Low
04/21/14 - $0.50
Market Cap
118.1M
Average Volume 10 Days
735.5K
EPS TTM
$-0.44
Shares Outstanding
176.3M
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: 03/25/15
Founded in 1998

american apparel inc (APP) Top Compensated Officers

Chief Manufacturing Officer
Total Annual Compensation: $324.4K
Compensation as of Fiscal Year 2013.

american apparel inc (APP) Key Developments

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.

Dov Charney Plans to File Lawsuit Against American Apparel Inc Claiming USD 40 Million in Damages for Breaches of Employment Contract

The founder and former chief executive of American Apparel Inc, Dov Charney, plans to file a lawsuit claiming USD 40 million in damages for breaches of his employment contract, and more lawsuits are planned. The company's shares were down 2.8% at 69 cents in late morning trading on March 27, 2015. Charney was fired in December, six months after he was suspended for allegedly misusing company funds and for allowing the posting on the Internet of nude photos of a former female employee who had accused him of sexual harassment. Charney has denied the allegations. There will be other lawsuits will be filing against the company, which they are aware of but have not revealed to the media. The claims for damages, first reported by Bloomberg, include almost USD 6 million in severance, USD 1.3 million in vacation-time pay and at least USD 10 million for emotional distress. Charney is also seeking 13 million shares of the company, worth about USD 9.2 million. It was not immediately clear what makes up the balance of the damages being sought. Fink said Charney was also likely to sue for defamation and breach of privacy related to his personal email and will seek a probe into the USD 10.4 million of expenses that American Apparel has said it incurred in investigating his alleged misconduct. The lawsuit alleging defamation is top priority and might be filed as soon, Fink said. Fink alleges that the investigation was not independent, that he was denied access to documents, and that Charney was not questioned.

American Apparel, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Reports Retail Store Impairment Charges for the Fourth Quarter Ended December 31, 2014

American Apparel, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net sales of $153,529,000 against $169,102,000 a year ago, due to lower sales in all three sales channels compared to the same period in 2013. Loss from operations was $12,588,000 against loss from operations of $12,411,000 a year ago. Loss before income taxes was $27,425,000 against loss before income taxes of $20,298,000 a year ago. Net loss was $27,962,000 or $0.16 per basic and diluted share against net loss of $20,770,000 or $0.19 per basic and diluted share a year ago. Consolidated adjusted EBITDA was $10,297,000 against $373,000 a year ago. Income from operations – as adjusted was $2,852,000 against loss from operations– as adjusted of $8,184,000 a year ago. Capital expenditures were $1,143,000 against $8,147,000 a year ago. For the full year, the company reported net sales of $608,891,000 against $633,941,000 a year ago. Loss from operations was $27,583,000 against loss from operations of $29,295,000 a year ago. Loss before income taxes was $66,658,000 against loss before income taxes of $104,527,000 a year ago. Net loss was $68,817,000 or $0.43 per basic and diluted share against net loss of $106,298,000 or $0.96 per basic and diluted share a year ago. Net cash used in operating activities was $5,212,000 against $12,723,000 a year ago. Capital expenditures were $9,818,000 against $27,054,000 a year ago. Consolidated adjusted EBITDA was $39,790,000 against $22,585,000 a year ago. Income from operations – as adjusted was $6,838,000 against loss from operations– as adjusted of $13,482,000 a year ago. For the fourth quarter of 2014, the company announced retail store impairment of $817,000 against $1,229,000 a year ago.

 

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APP Competitors

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Company Last Change
bebe stores inc $3.20 USD -0.25
Delta Apparel Inc $11.96 USD -0.16
New York & Co Inc $2.54 USD -0.17
Pacific Sunwear of California Inc $2.44 USD -0.01
Quiksilver Inc $1.73 USD +0.01
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Industry Analysis

APP

Industry Average

Valuation APP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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