Americanapparel a net loss of 9 million dollars a season
Source: Internet
Author: User
Beijing time May 19 morning news, according to foreign media reports, clothing retailer American Apparel announced that the company as of March 31, the first quarter of the net loss of 9 million U.S. dollars, 13 cents per share, net profit of 1.1 million U.S. dollars in the same period last year, earnings per share of 2 cents. The company also lowered its 2009 Full-year performance forecasts. American Apparel's first-quarter operating expenses rose 21% to 69.3 million U.S. dollars, with revenues rising 2.4% to 114.3 million dollars. American Apparel is currently expected to operate 2009-year operating profit of $40 million to 50 million U.S. dollars, net revenue of 550 million U.S. dollars to 575 million U.S. dollars. The company had previously expected 2009 operating profit of 55 million U.S. dollars to 65 million U.S. dollars, net revenue of 575 million U.S. dollars to 600 million U.S. dollars. (Ning String)
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