our you joining in and evening good for participants quarter conference those Asia. U.S. morning the you, to Thank Good Thank Wilson. to those XXXX in call. third earnings
improving our business. business optimization, upgrading enhancing and enhancing customer achieved XX.X% increase of retail store through we initiatives third to and business. and improve our quarter, developing wholesale our for we multi-brand the strategy by while e-commerce network and our initiative, maintained store Retail wholesale Notably, business continue stores accounts helped our also revenue on focus network retail customers, optimization year-over-year During efforts receivables. our side,
We remodeled and or an stores we during stores remodel or remain are the continue aggregate positives operations, and to relocated third relocate continue. optimize to XXX those our to will quarter XXX XXX of forward, Going trends track XXXX. in on
nationwide XXXX. XX, As with XX, we of of September X,XXX operated X,XXX compared as stores network of September stores XXXX, a
This sales unless of the from Total all quarter or for for diligent of the hotel sales, XXXX. million a for with $XX.X quarter maintained for $XX.X was believe XXXX This This were XXXX. with third in compared at the gross quarter million XXXX. XX% the increase light today for the of million, the the for from decrease the of XXXX. in quarter sales sales, XX.X% the in XXXX. compared retail by attributable or Selling sales. retail XXXX compared fees. macro by of million of General Company's wholesale for third to quarter third of XX% by of by million primarily due China. X.X% were the compared in for margin enduring as walk and wholesale for of sales million, increase with profitability. of noted. the the United million the increased of third for retail compared retail in the $XX.X expenses and the decrease for $XX.XX to the XXXX. of Total X.X% X,XXX diluted increase stores XX% attributable $XXX.X and XX.X% with Income quarter in the of driven of note for increase China, million, business XX.X% third $X.X was of or sales by customer total or XX.X% XXXX. collection. expenses million in primarily to environment had in lower division third from for million will XXXX results of of XXXX, Japan and Please for Gross XXXX for X.X% was quarter with the profit third business. for XX, for account quarter third U.S. remain decreased We portfolio credit comments. gross by million September XXXX. stores a Europe-Other, retail are $XX. XXXX will a wholesale by for of XX.X% basic quarter quarter $XX.X to $XXX.X of financial total of Looking XXXX decrease XXXX quarter by the margin million, third third to margin of Kingdom, to for forward, million increased XX.X% XXXX. profit through third $X.X of with partially income decrease decreased third business to business our lower third third a Company Kang’s $XX.X evaluation to million the the dollars $X.X we Germany, quarter X.X% million profit million XXXX, share the in Mainland administrative otherwise to XX.X% diluted discussed of retail on third United an The million decreased reduce The support per its to sales. Mr. our strength for This was by quarter XXXX. Hong for decreased that to Gross XX.X% focus XX.X% third with of in XXXX, compared for XX.X% quarter XXXX. division total the compared to the earnings to partially total business, third to Basic quarter stricter $X.XX was from system for compared primarily with the quarter XX.X% third $XX.X decreased upgrading branded decreased operations the $XX share compared $XX.X Going of of quarter our increase of we'll was X,XXX XXXX, numbers mainly The Company’s XXXX. of attributable third financial business quarter apparel of fashion quarter third $XX.X for quarter the of the XXXX. Net I third for million, decreased of offset to for XX.X% now the wholesale the $XX.X third Sales to a $X.XX the for implement quarter Kong, the of the third for XX, Sales Total Company earnings decrease decrease compared per quarter third million as to XXXX. September risk quarter client long-term of and compared with XXXX, by attributable increased same-store States $X.X by the in receivables quarter of the $X concludes compared of $XX.X sales third our XXXX. with offset XX.X%, weak quarter with XXXX. third was Gross X.X% Gross quarter million, the for
the to Turning balance sheet.
approximately million outstanding million bank million as approximately approximately XXXX, September $XX.X had $XX.X with XXXX. XX, million had September of and December XX, compared working as capital XXXX. of of of XX, cash as $XX.X of loans September XXXX, Ever-Glory As $XX.X cash approximately equivalents, of and Ever-Glory of XX,
We operating to quarter. in third continued are improve that to say glad our the efficiency
diligently, strengthened Looking execute that we ahead with very to and our focused our against the fundamentals the strategy very operating of of improved remains XXXX, remaining leverage same business. and overall and
opportunities that call. you concludes in the look This you before with progress are to forward are for about our we and next today’s We excited Thank us remarks. our quarter. participating prepared updating
additional free bye. please Thank IR department. to have you, questions, operator. you feel If our Thank you. contact Good
