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4 months ago
BRIEF-Ever-Glory reports Q4 EPS $0.23
March 31, 2017 / 10:22 AM / 4 months ago

BRIEF-Ever-Glory reports Q4 EPS $0.23

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March 31 (Reuters) - Ever-glory International Group Inc

* 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: Further company coverage:

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