Cherokee Global Brands Q2 Revenue Fell 10 Pct To $7.1 Mln [Reuters]
CHEROKEE (CHKE)
Last cherokee earnings: 12/13 04:05 pm
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Source: Reuters
Cherokee Inc (CHKE.OQ) Key Developments | Reuters.com Sept 13 (Reuters) - Cherokee Inc ::CHEROKEE GLOBAL BRANDS REPORTS SECOND QUARTER FISCAL 2019 FINANCIAL RESULTS.Q2 REVENUE FELL 10 PERCENT TO $7.1 MILLION.SEES FY 2019 REVENUE $25 MILLION TO $26.5 MILLION.CHEROKEE - CHEROKEE GLOBAL BRANDS TERMINATED VARIOUS CONSULTING, MARKETING CONTRACTS, WHICH RESULTED IN A ONE-TIME CHARGE OF $5.6 MILLION.NARROWING GUIDANCE FOR FISCAL YEAR 2019.QTRLY LOSS PER SHARE FROM CONTINUING OPERATIONS $0.65.CHEROKEE - ON A TRAILING TWELVE MONTH BASIS, COMPANY HAS REDUCED ITS HEADCOUNT BY APPROXIMATELY 35%.SEES FISCAL 2019 SG&A; RUN RATE TO APPROXIMATE $16.5 MILLION. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to con
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