Ever-Glory (EVK) Reports Q1 EPS of $0.16

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Go back to Ever-Glory (EVK) Reports Q1 EPS of $0.16

Ever-Glory Reports First Quarter 2015 Financial Results

May 15, 2015 5:30 AM EDT

NANJING, China, May 15, 2015 /PRNewswire/ -- Ever-Glory International Group, Inc. (the "Company" or "Ever-Glory") (NASDAQ-GM: EVK), a retailer of branded fashion apparel and a leading global apparel supply chain solution provider based in China, today reported its financial results for the first quarter ended March 31, 2015.

Total sales for the quarter were $97.9 million, a decrease of 7.7% compared to $106.0 million in the first quarter of last year. This decrease was primarily attributable to a 2.9% decreased sales in retail business as well as a 15.6% decreased sales in wholesale business.

For the first quarter of... More