Cherokee Inc. (CHKE) reported net income for the first quarter of $1.6 million or $0.19 per share, compared to $2.1 million or $0.25 per share for the year-ago quarter.
Excluding items, adjusted net income for the latest quarter was $2.2 million or $0.27 per share.
Net revenues for the first quarter rose 7.2% to $8.1 million from $7.5 million a year ago, mainly due to revenues from Liz Lange and higher revenues from other international licensees.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.