SHERMAN OAKS, Calif. (AP) _ Cherokee Inc. (CHKE) on Thursday reported a loss of $2.7 million in its fiscal first quarter.
The Sherman Oaks, California-based company said it had a loss of 20 cents per share.
The brand management company posted revenue of $5.4 million in the period.
Cherokee expects full-year revenue in the range of $25 million to $27 million.
In the final minutes of trading on Thursday, the company's shares hit 86 cents. A year ago, they were trading at $7.35.