Ever-Glory (EVK) Reports Q2 EPS of $0.24

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Ever-Glory Reports Second Quarter 2015 Financial Results

August 12, 2015 5:00 AM EDT

NANJING, China, Aug. 12, 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 second quarter ended June 30, 2015.

Total sales for the quarter were $75.7 million, a decrease of 11.6% compared to $85.7 million in the second quarter of last year. This decrease was primarily due to a 6.8% decreased sales in retail business as well as an 18.1% decreased sales... More