American Apparel Sept. Sales Comparison Slips
Stock quotes in this article:
APP
LOS ANGELES (AP) — Trendy apparel retailer American Apparel Inc. said Thursday sales at stores open at least a year fell 15 percent in September.
Sales at stores open at least a year are a key indicator of retailer performance because they measure growth at existing stores rather than newly opened ones. The Los Angeles-based company said the results included 201 stores in September. Sales at stores open at least a year declined 16 percent in the third quarter ended Sept. 30. At the end of the month, the company operated more than 275 stores worldwide.- Loading Comments...
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