Cherokee (CHKE) to Release Earnings on Tuesday

Cherokee (NASDAQ:CHKE) will post its quarterly earnings results after the market closes on Tuesday, June 18th. Cherokee has set its FY 2020 guidance at EPS.

Cherokee (NASDAQ:CHKE) last issued its quarterly earnings data on Tuesday, April 23rd. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.03). Cherokee had a negative return on equity of 20.60% and a negative net margin of 50.42%. The company had revenue of $6.13 million for the quarter, compared to the consensus estimate of $6.80 million.

Shares of CHKE stock traded up $0.01 during trading hours on Wednesday, hitting $0.78. 608 shares of the company were exchanged, compared to its average volume of 25,225. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 3.71. Cherokee has a 52 week low of $0.38 and a 52 week high of $1.25. The company has a market capitalization of $11.51 million, a price-to-earnings ratio of -2.36 and a beta of 1.96.

Separately, ValuEngine downgraded shares of Cherokee from a “buy” rating to a “hold” rating in a research report on Monday, May 13th.

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Cherokee Company Profile

Cherokee Inc markets, manages, and licenses fashion and lifestyle brands for apparel, footwear, home products, and accessories worldwide. It owns or licenses Cherokee, Hi-Tec, Magnum, 50 Peaks, Interceptor, Hawk Signature, Tony Hawk, Liz Lange, Completely Me by Liz Lange, Flip Flop Shops, Everyday California, Carole Little, Sideout, Saint Tropez-West, Chorus Line, All That Jazz, Sideout Sport, and other brands.

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Earnings History for Cherokee (NASDAQ:CHKE)

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