Yue Yuen’s Pou Sheng China retail business and the YY Sports retail banner slipped back into negative territory in May 2026, reporting that net consolidated operating revenue (i.e., equal to the total sales less sales discount and sales return) declined 2.7 percent year-over-year to RMB 1.46 billion, compared to RMB 1.35 billion in May 2025.

The May trend reversal came versus the April 2026 trend, which was up 0.1 percent from April 2025. The May performance comes after the first quarter net consolidated operating revenue grew 1.1 percent to RMB 5.11 million in 202, which reported against a 5.4 percent decrease in Q1 2025.

Five-month year-to-date (YTD) revenues declined 1.2 percent to RMB 7.88 billion in 2026, which came on top of a 6.9 percent YTD decline in 2025

.Pou Sheng trades and reports in the Chinese Yuan (RMB) currency.

Meanwhile, Pou Sheng’s parent, Yue Yuen Industrial (Holdings) Limited, saw total net consolidated operating revenue, including footwear manufacturing and retail stores across China, decline 2.5 percent year-over-year to $693.9 million in May 2026.

Five-month YTD total net consolidated operating revenue at Yue Yuen dipped 0.7 percent to $3.38 billion.

Yue Yuen Industrial and its footwear manufacturing business trade and report in U.S. dollars ($) currency

.Image courtesy YY Retail/Pou Sheng Industrial (Holdings) Limited