Mecox Lane Ltd. (MCOX) Reports Q1 EPS of $0.05
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Mecox Lane Limited Announces First Quarter 2015 Results
June 8, 2015 5:00 PM EDTSHANGHAI, China, June 8, 2015 (GLOBE NEWSWIRE) -- Mecox Lane Limited ("Mecox Lane" or the "Company") (Nasdaq: MCOX), a multi-brand and multi-channel retailer of health, beauty and lifestyle products in China, today announced its unaudited financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Highlights
Net revenues increased 20.1% year over year to $12.5 million, compared to $10.4 million in the first quarter of 2014 Gross profit1 was $8.1 million, compared to $7.5 million in the first quarter of 2014 Gross margin was 65.2%, compared to 71.7% in the first... More