Usman Shah
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American Apparel to Report Earnings

American Apparel Inc. (NYSE: APP) reports its earnings today after markets close. Thursday the company said the sales for stores that have been open for more then a year have had sale increase of 8 percent for the month of July. There were also increases in in store sales, online sales and total revenue. The company has been struggling recently with financial issues, analyst estimate a EPS of -$0.05, lets see if the clothing retailer can beat it. I am long APP, hoping for good results, fingers crossed.