Cherokee (CHKE) Misses Q2 EPS by 5c, Sales Beat

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Cherokee Global Brands Reports Second Quarter Fiscal 2018 Financial Results

September 7, 2017 4:01 PM EDT

Consolidated revenues of $14.0 million; royalty revenues of $8.0 millionConsolidated net loss of $4.6 million; non-GAAP net loss of $0.6 millionGAAP EPS of ($0.36); non-GAAP EPS of $(0.05)  Adjusted EBITDA of $1.2 million

SHERMAN OAKS, Calif., Sept. 07, 2017 (GLOBE NEWSWIRE) -- Cherokee Global Brands (NASDAQ: CHKE), a global brand marketing platform that manages a growing portfolio of fashion and lifestyle brands, today reported financial results for the second quarter of fiscal 2018 ended July 29, 2017.

Non-GAAP Financial MeasuresAmounts stated in this press release to be on a non-GAAP basis exclude the items that are... More