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Cherokee: Fiscal 2Q Earnings Snapshot

September 13, 2018

SHERMAN OAKS, Calif. (AP) _ Cherokee Inc. (CHKE) on Thursday reported a loss of $9.1 million in its fiscal second quarter.

The Sherman Oaks, California-based company said it had a loss of 65 cents per share. Losses, adjusted for restructuring costs and non-recurring costs, were 1 cent per share.

The brand management company posted revenue of $7.1 million in the period.

Cherokee expects full-year revenue in the range of $25 million to $26.5 million.

In the final minutes of trading on Thursday, the company’s shares hit 87 cents. A year ago, they were trading at $3.63.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHKE at https://www.zacks.com/ap/CHKE

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