OLE Merrill Lynch & Co Inc featured news, full reports, and detailed charts
Merrill Lynch & Co Inc (OLE) Wrap Up:
American Apparel, Inc. engages in the manufacture, distribution, and retail of fashion basic apparel for women, men, children, and pets. The company primarily offers t-shirts, denim, sweaters, jackets, and other casual wear. As of May 31, 2009, it operated 270 retail stores in 19 countries, including the United States, Canada, Mexico, Brazil, the United Kingdom, Austria, Belgium, France, Germany, Italy, the Netherlands, Spain, Sweden, Switzerland, Israel, Australia, Japan, South Korea, and the People's Republic of China. The company also operates a wholesale business that supplies t-shirts and other casual wear to distributors and screen printers. In addition, it has an online retail e-commerce Web site americanapparel.net. The company was founded in 1998 and is headquartered in Los Angeles, California.Merrill Lynch & Co Inc (OLE:NYSE Arca)
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Market Cap
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Total Revenue
546.3M
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EBITDA
51.4M
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DILUTED EPS TTM
0.03
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P/E
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P/S
--
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Return On Asset
4.49
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Return On Equity
1.35
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| K = Thousands M = Millions B = Billions | ||
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Key developments for Merrill Lynch & Co Inc (OLE)
American Apparel, Inc. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on November 11, 2009).
American Apparel, Inc. announced unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net sales of $150,318,000, income from operations of $11,214,000, income before income tax of $7,492,000, net income of $4,160 or $0.05 per diluted share against net sales of $154,801,000, income from operations of $6,842,000, income before income tax of $3,192,000, net income of $2,333,000 or $0.03 per diluted share a year ago. Adjusted EBITDA was $18,624,000 against $12,265,000 a year ago. For the nine months, the company reported net sales of $400,663,000, income from operations of $14,618,000, loss before income tax of $253,000, net loss of $1,937,000 or $0.03 per diluted share against net sales of $399,406,000, income from operations of $26,835,000, income before income tax of $15,381,000, net income of $10,228,000 or $0.15 per diluted share a year ago. Adjusted EBITDA was $35,626,000 against $41,149,000 a year ago. Management continues to expect the previously communicated financial guidance for 2009; net sales in the range of $540 to $555 million, income from operations in the range of $25 to $30 million, and a net (loss) income in the range of ($1) to $4 million. These estimates are before any non-cash share based compensation expense from any equity awards that may be made to employees under the Company's 2007 Performance Equity Plan. The Company currently has 4 signed leases for new retail stores in its store pipeline, with 3 of those locations likely to open before the end of 2009.
On 11/10/2009, American Apparel, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
OLE Competitors
| Company | Last | Change |
| Fast Retailing Co Ltd | ¥15,820 JPY | -540.00 |
| Gap Inc | $21.95 USD | +0.09 |
| Gildan Activewear Inc | C$19.53 CAD | +0.13 |
| Hanesbrands Inc | $24.49 USD | -0.13 |
| Urban Outfitters Inc | $32.18 USD | -0.08 |
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Industry Analysis
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| Price/Cash Flow | -- | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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