Brief: Ever-Glory reports Q4 EPS $0.23

Ever-Glory International

31/03/2017 11:00

March 31 (Reuters) - Ever-glory International Group Inc 
 EVK.O  
    * Ever-Glory reports fourth quarter and full year 2016 
financial results 
    * Q4 earnings per share $0.23 
    * Q4 sales fell 14.5 percent to $110.4 million 
    * In 2017, will continue to focus on inventory, operation 
management, branding, while further fine-tuning store network 
    * In 2017,look forward to maintaining sales trend in united 
states, while further improving growth in Europe and Japan 
    * While we expect 2017 to remain challenging, will continue 
implementing margin enhancement, cost control measures 
    * Expect to operate over 1,450 stores at end of 2017 
    * "expect 2017 to remain challenging" 
 
Source text for Eikon:  ID:nPn4Hv0hFa  
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