SHERMAN OAKS, Calif. (AP) _ Cherokee Inc. (CHKE) on Wednesday reported a loss of $2.5 million in its fiscal third quarter.
On a per-share basis, the Sherman Oaks, California-based company said it had a loss of 18 cents. Losses, adjusted for non-recurring costs, came to 5 cents per share.
The brand management company posted revenue of $11 million in the period.
The company's shares closed at $2.95. A year ago, they were trading at $11.15.