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Article Date: December 2017
Word Count: 117

Cherokee Cuts Guidance after Q3 Loss


Net loss expanded to $2,520,000 from a loss of $873,000 in the third quarter ended Oct. 28 as licensing revenues gained 21% to $7,882,000 from $6,495,000 and indirect Hi-Tec product sales were $3,155,000. The Hi-Tec brands, including Magnum and Interceptor, accounted for $3.2 million of the licensing revenue. The Hi-Tec integration, which is now complete, added $2.2 million in ... Log in to view full article.

 


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