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Cherokee: Fiscal 3Q Earnings Snapshot

SHERMAN OAKS, Calif. (AP) _ Cherokee Inc. (APEX) on Friday reported a loss of $6.8 million in its fiscal third quarter.

On a per-share basis, the Sherman Oaks, California-based company said it had a loss of $1.23. Losses, adjusted for asset impairment costs and restructuring costs, came to 49 cents per share.

The brand management company posted revenue of $4.9 million in the period.

Cherokee expects full-year revenue in the range of $21 million to $21.5 million.

In the final minutes of trading on Friday, the company's shares hit 95 cents. A year ago, they were trading at $1.92.


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