Ever-Glory (EVK) Reports Q3 EPS of $0.19

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Ever-Glory Reports Third Quarter 2015 Financial Results

November 13, 2015 6:01 AM EST

NANJING, China, Nov. 13, 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 third quarter ended September 30, 2015.

Total sales for the quarter were $118.6 million, a decrease of 15.3% compared to $139.9 million in the third quarter of last year. This decrease was primarily due to a 21.1% decreased sales in our retail business and a 10.9% decreased sales in our wholesale business.

For the third quarter of... More