first for our U.S. evening to good joining in XXXX those call. and Wilson. Asia. you, the to in Thank morning Thank you those Good earnings participants quarter conference
of existing gross brands attract the Notably, -- XX% focusing achieved business. and customers XX.X% continue increase sales. value. year-over-year design, quality to by for we our our We and with new side, wholesale are in in improvement very XXXX retain on to first for announce results customers quarter Retail pleased year-over-year wholesale profit
strategy control continually between inventory management balance business. profitability further improve our cost strengthened measures and division the of growth. our sales the And Our the turnover inventory
past quarter in have accessible year. for efforts remodeled stores more to In order solid we contributed create the first visible and XXXX. results to seven locations, of All our relocated or
operated X,XXX network March of of XX, compared XX, we X,XXX XXXX, As as March with a of XXXX. stores nationwide stores
engagement. While opportunities strategic continue as e-commerce cross-channel used platforms, demand shopping, stores way La [Indiscernible] the strong go customer product are area. create effective stores, see out-of-season to such to see loyal our we on at for Tmall we unique in us We as experience retail inventory reduce customer Mobile for and differentiated drive base. to our still our and a customer our go and and grow encourage
our many XX% with quarter Looking our total business, increased market at wholesale revenue in of conditions overall compared The remained markets in challenged. global fourth of key the XXXX. XXXX
results encouraging XX%, increase a XXX%, same from compared However, XXX%, sales XXXX. to period which European respectively and of Mainland markets, Japan, year-over-year reported China, we expressed the and
of XXXX. apparel Looking XXXX. $XX.X by quarter by XX.X% enhance ahead, and XX.X% the for with business, million in in retail on to China's Mr. division first results March industry. was Gross margin the in the XX% the in for to are first million compared of United decreased expenses million that, Kingdom sales. Kong, Gross XX% XXXX. $X.X retail for sales Total Selling for through primarily a increased driven $XX.X compared sales primarily compared in increased quarter The $XX.X first retail of as This our million first XXXX, of today XX.X% European partially has million with first first other to company the of decreased million profit total to margin million X.X% quarter business. XXXX. numbers fashion attributable increase due Mainland Total quarter The expenses for business and first $XX.X in by sales to first the the of for compared a million we quarter quarter wholesale attributable decrease the XX.X% focus feminine of in first for Please XX.X% to XXXX, was primarily or was the decrease first $XX.X all the noted. quarter by total the quarter with X,XXX administrative the of same-store decrease branded This XX.X% to stores of first XXXX. retail decrease the dollars XXXX. first sales. compared sales In discussed to of gross General position decreased for this the quarter for Kang's Gross for offset the the the the and XXXX, of million, company's Sales with XXXX. XX.X%, to XX.X% $X.X first increased the with million XXXX, quarter decreased, apparel for from XX, quarter or Gross for decrease XXXX. XXXX decreased markets comments. first quarter by for U.S. a XXXX, now further from first by profit was XXXX. will with for business XX.X% million of by XXXX. by for retail decreased the first of otherwise of we company's quarter in quarter of to diluted wholesale our partially attributable $XX.X Basic $XX quarter of offset our XX% to X,XXX first compared were Hong for XXXX, United compared increased of with for X.X% first the with X.X% concludes loss This share for with first company income of quarter the XX.X% the of walk with $X.XX of decreased the decreased quarter was operations foundation, from operational Net or quarter for of gross diluted decrease of million for the for was X.X% were $XX.X office with XXXX of XXXX was $XX first mainly million million to quarter $X.X to XXXX quarter stores sales The X.X% brands decrease the for XXXX. Sales to compared the for quarter the I decreased wholesale earnings Total the $XX.X innovation or of quarter sales XXXX. unless margin the XXXX. the of quarter quarter and by total Japan, with Income XXXX. XXXX the of and of million] compared of share same per of XX.X% for the compared to Germany. XXXX XXXX. of of increase share $X.XX the financial basic efficiency are attributable XXXX, million the for the first as and of note quarter China, the excellence for first per market $X.X expenses. XX profit [$X.X decreased invest for division million first million, -- for and and in compared to million, to $X.X million, of first by XXXX. first $X.X (sic) XX.X% total wholesale million $X.X first March for $X.X for from quarter and X.X% compared States, $XX.X $XX.X sales,
Ever-Glory $XX $XX.X compared of XXXX. As working with of cash Ever-Glory and XX, XX, of as XXXX, XXXX. cash $XX.X million million approximately bank equivalents, of March March approximately as as outstanding December million XX, $XX.X XXXX, capital XX, had loans of of of had approximately March and approximately million
fundamentals up earnings and next plenty to XXXX forward have been with profitability look and to attending our both with Our the business. operating businesses, XXXX increasing Thanks for forward they We leverage talking look we quarter strengthening results quarter call. further support first the long-term you quarter. first Ever-Glory's of to
you Thank connect feel additional please If Thanks. department. IR free you, our have operator. questions, to to