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Cherokee Inc (CHKE.OQ)

CHKE.OQ on NASDAQ Stock Exchange Global Select Market

2.55USD
24 Nov 2017
Change (% chg)

$0.10 (+4.08%)
Prev Close
$2.45
Open
$2.45
Day's High
$2.70
Day's Low
$2.40
Volume
5,730
Avg. Vol
26,487
52-wk High
$11.75
52-wk Low
$1.70

Latest Key Developments (Source: Significant Developments)

Cherokee Global Brands amends credit facility with Cerberus
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Cherokee Inc :Cherokee Global Brands amends credit facility with Cerberus.Cherokee Inc - amendment to eliminate obligation to call equity commitments​.Cherokee Inc - ‍special meeting of stockholders that had been called for November 28, 2017 to approve such issuances is expected to be cancelled​.Cherokee Inc says ‍cherokee global brands announced amendment, subject to satisfaction of certain conditions, of its senior secured credit facility​.  Full Article

Cherokee says ‍Cerberus agreed will not exercise rights under Cerberus credit facility solely with respect to events of default through Nov 10
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Cherokee Inc :Cherokee says ‍Cerberus agreed will not exercise rights under cerberus credit facility solely with respect to events of default through Nov 10 - SEC Filing.Cherokee Inc - ‍Is working with Cerberus to obtain waiver of events of default, amend terms of Cerberus credit facility during forbearance period​.  Full Article

Cherokee seeks waiver from ‍Cerberus on credit facility
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Cherokee Inc :Cherokee says ‍Cerberus has agreed will not exercise rights under Cerberus credit facility solely with respect to events of default through Oct 27​.Cherokee says ‍is working with cerberus for waiver of events of default, amend Cerberus credit facility terms during forbearance period​ - SEC filing.  Full Article

Cherokee Global Brands reports Q1 earnings per share $0.29
Friday, 10 Jun 2016 

Cherokee Inc : Cherokee Global Brands reports first quarter fiscal 2017 financial results . Q1 GAAP earnings per share $0.29 . Q1 revenue $10.7 million versus I/B/E/S view $10.5 million .Q1 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.  Full Article

Cherokee Global Brands announces additional strategic licensing partners for its Cherokee brand in the US
Wednesday, 4 May 2016 

Cherokee:Says Four additional multi-category license agreements for its cherokee brand in united states.Cherokee global brands announces additional strategic licensing partners for its cherokee brand in U.S.  Full Article