LOS ANGELES--(Business Wire)--
American Apparel, Inc. (NYSE Amex: APP) today announced that it plans to report
its third quarter 2009 financial results on Tuesday, November 10, 2009 before
the market opens. The company also plans to hold a conference call to discuss
its financial results in detail at 9:00 a.m. ET/6:00 a.m. PT.
A live web cast of the conference call will be available in the investor
relations section of the Company website at
http://investors.americanapparel.net.
In addition, a replay of the call will be available from November 10, 2009
through November 17, 2009. To access the telephone replay, participants should
dial (877) 660-6853. The account number is 3055 and the conference ID number is
337243. An online archive of the webcast will be available within two hours of
the conclusion of the call and will remain available through December 10, 2009.
About American Apparel
American Apparel is a vertically integrated manufacturer, distributor, and
retailer of branded fashion basic apparel based in downtown Los Angeles,
California. As of October 31, 2009, American Apparel employed over 9,700 people
and operated more than 275 retail stores in 20 countries, including the United
States, Canada, Mexico, Brazil, United Kingdom, Ireland, Austria, Belgium,
France, Germany, Italy, the Netherlands, Spain, Sweden, Switzerland, Israel,
Australia, Japan, South Korea, and China. American Apparel also operates a
leading wholesale business that supplies high quality T-shirts and other casual
wear to distributors and screen printers. In addition to its retail stores and
wholesale operations, American Apparel operates an online retail e-commerce
website at http://www.americanapparel.com.
Safe Harbor Statement
This press release may contain forward-looking statements which are based upon
the current beliefs and expectations of our management, but are subject to risks
and uncertainties, which could cause actual results and/or the timing of events
to differ materially from those set forth in the forward-looking statements,
including, among others: changes in the level of consumer spending or
preferences or demand for our products; increasing competition; our ability to
hire and retain key personnel and our relationship with our employees; suitable
store locations and our ability to attract customers to our stores; effectively
carrying out and managing our growth strategy; failure to maintain the value and
image of our brand and protect our intellectual property rights; declines in
comparable store sales; seasonality; consequences of our significant
indebtedness, including our ability to comply with our debt agreements, generate
cash flow to service our debt; our ability to extend, renew or refinance our
existing debt; costs of materials and labor; location of our facilities in the
same geographic area; manufacturing, supply or distribution difficulties or
disruptions; risks of financial nonperformance by customers; investigations,
enforcement actions and litigation; compliance with or changes in laws and
regulations; costs as a result of operating as a public company; material
weaknesses in internal controls; interest rate and foreign currency risks; loss
of U.S. import protections or changes in duties, tariffs and quotas and other
risks associated with international business; our ability to upgrade our
information technology infrastructure and other risks associated with the
systems that operate our online retail operations; general economic and industry
conditions, including worsening U.S. and foreign economic conditions and turmoil
in the financial markets; and other risks detailed in our filings with the
Securities and Exchange Commission, including our 2008 Annual Report on Form
10-K. Our filings with the SEC are available at www.sec.gov. You are urged to
consider these factors carefully in evaluating the forward-looking statements
herein and are cautioned not to place undue reliance on such forward-looking
statements, which are qualified in their entirety by this cautionary statement.
The forward-looking statements speak only as of the date on which they are made
and the company undertakes no obligation to publicly update such forward-looking
statements to reflect subsequent events or circumstances.
ICR
Joseph Teklits / Jean Fontana
203-682-8200
Copyright Business Wire 2009
