By  on March 7, 2014

American Apparel Inc. is facing a nine-digit net loss for the year and possible delisting by the NYSE MKT exchange as it struggles to recover from the effects of the difficult phase-in of its new distribution facility.

The Los Angeles-based vertical retailer said late Thursday that it expects adjusted earnings before interest, taxes, depreciation and amortization for the year to hit within $1 million of $8 million, down from $36.6 million in the year ended Dec. 31, 2012. That implies a fourth-quarter EBITDA loss of about $3 million.

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