Cherokee Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended November 3, 2018. For the quarter, the company reported revenues of $5,842,000 compared to $7,796,000 a year ago. Operating income was $2,050,000 compared to loss of $1,549,000 a year ago. Net income was $63,000 compared to loss of $2,520,000 a year ago. Basic and diluted net income per share from continuing operations was $0.00 compared to LPS of $0.17 a year ago. Basic and diluted net income per share was $0.00 compared to LPS of $0.18 a year ago.

For the nine months, the company reported revenues of $18,317,000 compared to $22,481,000 a year ago. Operating loss was $525,000 compared to $4,950,000 a year ago. Net loss was $11,731,000 compared to $10,404,000 a year ago. Basic and diluted net income per share from continuing operations was $0.83 compared to $0.81 a year ago. Basic and diluted net loss per share was $0.83 compared to $0.79 a year ago.

The company is narrowing its guidance for the fiscal year ending February 2, 2019. For the year, revenues are anticipated to be in the range of $25.0 to $26.0 million.