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Cherokee Inc (CHKE.O)

CHKE.O on Nasdaq

3.25USD
22 Sep 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$3.25
Open
$3.24
Day's High
$3.28
Day's Low
$3.15
Volume
51,139
Avg. Vol
126,566
52-wk High
$11.87
52-wk Low
$2.90

Latest Key Developments (Source: Significant Developments)

Cherokee Global Brands reports Q2 non-GAAP loss per share $0.05
Thursday, 7 Sep 2017 04:01pm EDT 

Sept 8 (Reuters) - Cherokee Inc :Cherokee Global Brands reports second quarter fiscal 2018 financial results.Q2 non-GAAP loss per share $0.05.Q2 GAAP loss per share $0.36.Q2 revenue $14 million.Cherokee Inc says now expects gross profit for full fiscal year to be in range of $39.0 - $41.0 million,.Cherokee Inc - ‍Adjusted EBITDA for full fiscal year is anticipated to be in range of $10.0 - $12.0 million​.  Full Article

Cherokee obtains further extension of forbearance from Cerberus Business
Monday, 7 Aug 2017 07:54am EDT 

Aug 7 (Reuters) - Cherokee Inc :Cherokee Inc says ‍ obtained a further extension of forbearance from Cerberus Business Finance, LLC through August 11, 2017 - SEC filing​.Cherokee - In discussions with Cerberus to obtain waiver of events of default, amendment of terms of Cerberus credit facility during forbearance period.  Full Article

Cherokee Global Brands Q1 non-GAAP loss per share $0.07
Thursday, 6 Jul 2017 04:05pm EDT 

July 6 (Reuters) - Cherokee Inc ::Cherokee Global Brands reports first quarter fiscal 2018 financial results.Q1 non-GAAP loss per share $0.07.Q1 GAAP loss per share $0.25.Q1 revenue $11.1 million versus i/b/e/s view $9.3 million.Q1 earnings per share view $0.13 -- Thomson Reuters I/B/E/S.Cherokee- on June 27, obtained forbearance from Cerberus regarding co's failure to comply with certain covenants set forth in Cerberus credit facility.Cherokee Inc - pursuant to forbearance, Cerberus agreed it will not exercise its rights or remedies under credit facility through july 7, 2017.Cherokee Inc - is in advanced discussions with Cerberus to amend credit facility, "but terms and timing are uncertain".Cherokee inc - company expects that an amendment of credit facility will be completed and that form 10-q will be filed in near term.  Full Article

Cherokee files for non-timely 10-Q - SEC filing
Friday, 9 Jun 2017 05:16pm EDT 

June 9 (Reuters) - Cherokee Inc :Files for non-timely 10-Q - SEC filing.  Full Article

Cherokee Global Brands' Q4 GAAP loss per share $0.97
Thursday, 18 May 2017 05:10pm EDT 

May 18 (Reuters) - Cherokee Inc :Cherokee Global Brands reports final fourth quarter and full year fiscal 2017 financial results.Q4 non-GAAP earnings per share $0.15.Q4 GAAP loss per share $0.97.Q4 revenue $15 million.Q4 revenue view $6.9 million -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.06 -- Thomson Reuters I/B/E/S.  Full Article

Cherokee Global Brands reports Q4 GAAP loss per share $0.92
Thursday, 11 May 2017 04:05pm EDT 

May 11 (Reuters) - Cherokee Inc :Cherokee Global Brands reports fourth quarter and full year fiscal 2017 financial results.Q4 non-GAAP earnings per share $0.15.Q4 GAAP loss per share $0.92.Q4 revenue $15 million.Q4 revenue view $6.9 million -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.06 -- Thomson Reuters I/B/E/S.  Full Article

Cherokee Inc says files for non-timely 10-K
Thursday, 13 Apr 2017 04:00pm EDT 

Cherokee Inc : Cherokee Inc - files for non timely 10-k - SEC filing .Cherokee Inc - anticipates total revenues will be materially higher in Q4 & FY ended Jan. 28, 2017 as compared to corresponding periods of prior year.  Full Article

Cherokee Global Brands says Q4 results delayed
Wednesday, 12 Apr 2017 04:05pm EDT 

Cherokee Global Brands : Cherokee Global Brands announces delay in the release of its fourth quarter and fiscal year 2017 financial results . Cherokee Global Brands - financial statements required to include results of assets acquired from Hi-Tec Sports International Holdings .Currently expects to file form 10-k on or before extended deadline of April 28, 2017.  Full Article

Cherokee Inc enters into Hi-Tec acquisition documents
Tuesday, 29 Nov 2016 08:45am EST 

Cherokee Inc : Cherokee Inc announces entry into Hi-Tec acquisition documents and pricing of public offering of common stock . Cherokee Inc - deal for an aggregate cash purchase price of approximately $95.8 million on a cash-free debt-free basis . Cherokee Inc - has priced an underwritten public offering of 3.7 million shares of its common stock at a public offering price of $9.50 per share . Expect that purchase price for Hi-Tec intellectual property assets to be retained by Cherokee will be approximately $62.0 million . Cherokee Inc - expects to use net proceeds from offering to fund a portion of hi-tec acquisition .Cherokee - to fund a portion of purchase price, co entered into a commitment letter for a new $50 million credit facility with Cerberus Business Finance.  Full Article

Cherokee Global Brands reports Q1 earnings per share $0.29
Thursday, 9 Jun 2016 04:05pm EDT 

Cherokee Inc : Cherokee Global Brands reports first quarter fiscal 2017 financial results . Q1 GAAP earnings per share $0.29 . Q1 revenue $10.7 million versus I/B/E/S view $10.5 million .Q1 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Cherokee Global Brands reports Q2 non-GAAP loss per share $0.05

* Cherokee Global Brands reports second quarter fiscal 2018 financial results