XTEP’s Same Store Sales Performance Recorded Low-Teens Growth in 18Q1

XTEP announced its China business operations in the first quarter of 2018 on April 9, and its average same-store sales performance rose to low double-digit growth (high single-digit growth in the fourth quarter of 2017). Retail discounts remain at a low level of 7.5-20% off, and retail inventory also remains at a healthy level of about 4 months.