Cherokee (CHKE) Misses Q1 EPS by 10c

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Go back to Cherokee (CHKE) Misses Q1 EPS by 10c

Cherokee Global Brands Reports First Quarter Fiscal 2017 Financial Results

June 9, 2016 4:05 PM EDT

First quarter GAAP revenues of $10.7 millionCherokee brand royalties increased 3% globallyFirst quarter GAAP net income totaled $2.6 million, or $0.29 per diluted shareLiz Lange Maternity license with Target Corporation renewed

SHERMAN OAKS, Calif., June 09, 2016 (GLOBE NEWSWIRE) -- Cherokee Global Brands (NASDAQ: CHKE), a global marketer of style-focused lifestyle brands, today reported financial results for the first quarter ended April 30, 2016.

In addition to the positive sales results for the quarter, we were pleased to announce new direct-to-retail partnerships and the signing of a broad base of domestic... More