On April 10, 2014, American Apparel Inc (NYSEMKT:APP), a vertically integrated manufacturer, distributor, and retailer of branded fashion basic apparel, announced preliminary sales for the month ended March 31, 2014, and reported that comparable sales decreased 5%, including a 9% decrease in comparable store sales for its retail store channel, partially offset by a 16% increase in net sales for its online channel. Wholesale net sales increased 11% for the month. On a preliminary basis, total net sales for March 2014 were $49.6 million, unchanged from March 2013. For the quarter-ended March 31, 2014, preliminary total net sales were $137.8 million as compared with $138.1 million for the quarter-ended March 31, 2013. American Apparel Inc (NYSEMKT:APP), shares after opening at $0.51 moved to $0.56 on last trade day and at the end of the day closed at $0.540. Company price to sales ratio in past twelve months was calculated as 0.17 and price to cash ratio as 12.28. American Apparel Inc (NYSEMKT:APP), showed a positive weekly performance of 10.20%.
Last week, Coldwater Creek Inc. (NASDAQ:CWTR), filed for bankruptcy & will be shuttering all its stores. The women’s clothing retailer has various stores at -The Promenade Shops at the Saucon Valley in the Upper Saucon Township & at The Shoppes in Flemington in Flemington. The company plans on starting holding its going-out-of-business sales in the early part of May, according to its news release, that noted that its spring & summer months are “historically very busy shopping-periods” for it. This retailer has not actually indicated when it now plans to shut the stores. Coldwater Creek Inc. (NASDAQ:CWTR), shares advanced 29.25% in last trading session and ended the day on $0.0601. Coldwater Creek Inc. (NASDAQ:CWTR), return on equity ratio is recorded as -860.50% and its return on assets is -23.90%. Coldwater Creek Inc. (NASDAQ:CWTR), yearly performance is -98.22%.
Knoll Inc (NYSE:KNL)’s stock had its “outperform” rating restated by Raymond James in a research note issued on Monday, StockRatingsNetwork.com reports. They currently have a $21.00 target price on the stock. Raymond James’ price target would indicate a potential upside of 9.78% from the stock’s previous close. Knoll Inc (NYSE:KNL), shares moved up 4.16% in last trading session and was closed at $19.04, while trading in range of $ 18.45 – 20.09. Knoll Inc (NYSE:KNL), year to date (YTD) performance is 4.73%.
Revlon Inc (NYSE:REV), was downgraded by analysts at EVA Dimensions from an overweight rating to a sell rating. Revlon Inc (NYSE:REV), weekly performance is 10.61%. On last trading day company shares ended up $28.15. Revlon Inc (NYSE:REV), distance from 50-day simple moving average (SMA50) is 11.52%. Analysts mean target Price for the company is $25.00.