EDA/American Apparel Q2 Net Income Rises

Endeavor Acquisition Q2 Net Income Rises - Quick Facts [EDA]

8/20/2007 5:54:32 PM Monday after the bell, Endeavor Acquisition Corp. (EDA) reported second quarter net income of $4.54 million, up from $2.34 million in the same quarter last year. Income from operations rose to $11.31 million from $5.12 million in the corresponding quarter prior year.

Net sales for the quarter increased to $88.22 million from $67.29 million in the comparable quarter a year ago.

http://www.rttnews.com/sp/Quickfactsnew.asp?date=08/20/2007&item=171

"American Apparel reported unaudited combined sales for the 2007 second quarter ended June 30, 2007 of $95.6 million, a 35% increase over sales of $71.0 million for the three month period ended June 30, 2006. Retail sales increased 51% to $52.6 million for the second quarter of 2007 as compared to $34.9 million for the same period in 2006, with same-store sales for stores open at least 12 months rising 24%. At June 30, 2007, American Apparel had 156 stores as compared to 131 stores at June 30, 2006. Wholesale results were $43.0 million for the 2007 second quarter as compared to $36.3 million for the 2006 second quarter, an increase of 19%."

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