China Dongxiang (Group)'s (HKG:3818) Kappa-branded stores recorded a mid-low single-digit year-over-year decrease in retail performance for the three months ended June 30, a Friday filing on the Hong Kong bourse said.
The sports apparel retailer's same-store sales related to Kappa-branded stores saw a mid single-digit decrease during the quarter from the year-ago period.
As of the first fiscal quarter, the number of the company's Kappa-branded stores fell by 9 quarter-over-quarter to 1,003 stores.
Shares of the company closed nearly 2% lower on Friday.
Price (HKD): $0.32, Change: $-0.01, Percent Change: -1.54%
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