Cherokee (CHKE) Misses Q3 EPS by 5c

Cherokee (NASDAQ: CHKE) reported Q3 EPS of $0.17, $0.05 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $8.1 million versus the consensus estimate of $8.63 million.

Q316 EPS included costs associated with the acquisition of Flip Flop Shops and intellectual property protection costs, which reduced diluted earnings per share by $0.05.

For earnings history and earnings-related data on Cherokee (CHKE) click here.

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