>>
Home / Knowledge / News / Fashion / Cherokee Inc reports Q1 revenues jump 8%

Cherokee Inc reports Q1 revenues jump 8%

08
Jun '05
Leading brand management company Cherokee Inc reported its highest ever revenue and earnings for its first quarter ended April 30, 2005.

Net revenues for the three months ended April 30, 2005 rose 8.0% or $1.0 million to $13.2 million, compared to revenues of $12.2 million in the comparable period last year.

Selling, general and administrative expenses for the three months ended April 30, 2005 were $3.1 million, up slightly from $3.0 million in the comparable period last year.

Net earnings for the three months ended April 30, 2005 increased by 9.9% to $6.1 million or $0.69 per diluted share, compared to $5.5 million or $0.64 per diluted share in the year ago period. The Company ended the quarter with cash and equivalents of $8.9 million, trade receivables of $12.8 million and no debt.

Robert Margolis, Chairman and CEO, said, "Our first quarter growth in revenues and net income represents our 18th consecutive quarter of revenue and net income growth as compared to the comparable quarter in the prior year. We are very excited about the team they have in place, and the many growth opportunities available to us.

Howard Siegel, President of Cherokee, stated, "They are pleased to report another record quarter of results as we continue to successfully expand and diversify the business worldwide. Royalty revenues in the U.S. increased 3.2% primarily due to the continued strength of our Cherokee brand and the growth of our Carole Little brands.


Must ReadView All

Pic: Shutterstock

Textiles | On 26th Jan 2022

Vietnam-US trade hits $111.56 bn in 2021

Vietnam-US trade hit $111.56 billion in 2021, up by nearly $21...

Pic: Shutterstock

Textiles | On 26th Jan 2022

Turkey using less coal, hydropower; use of renewables, gas up: Ember

The use of coal and water for energy in Turkey reduced in 2021, while ...

Pic: Bangladesh Parliament Secretariat/Facebook

Apparel/Garments | On 26th Jan 2022

Trade Organisation Bill, 2022, introduced in Bangladesh parliament

The Trade Organisation Bill, 2022, aimed at allowing foreign traders...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Always best to produce under own supervision

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Textile Industry, Head honchos

Textile Industry
Head honchos

Global supply chain collapsed during the pandemic

Mumin Can Eker,

Mumin Can Eker

Maseksport Inc is a readymade garment exporter. Founded in Izmir in 1989,...

Sanjay Vakharia,

Sanjay Vakharia

One of the first few Indian denim brands, Spykar, established in 1992, was ...

Andrea Pelissero,

Andrea Pelissero

Located near Milan, Italy, and with 50 years of experience in the textile...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Manish Malhotra, Label Manish Malhotra

Manish Malhotra
Label Manish Malhotra

A multitalented designer and founder of an eponymous label, Manish...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Sainsbury's Argos Asia Limited
Helly Hansen Far East Ltd
Grasim Industries Limited
Cat Tuong Real Estate Group Joint Stock Company
Alix Partners
Midas Clothing Limited
Sateri (Jiujiang) Fiber Co.,Ltd
BIMBA ;& LOLA SL
The LYCRA Company Singapore  Pte. Ltd
Aramark Uniform ;& Career Apparel, LLC
H;&M Hennes ;& Mauritz (Far East) Ltd
Brandix Lanka Limited
Arvind Limited
MAS Active / MAS Kreeda / MAS Bodyline
Sportmaster Ltd.
Under Armour Global Sourcing Ltd
IDH – The Sustainable Trade Initiative
C;&A Sourcing International Ltd
Aquarelle Clothing Limited
PVH Corporation
Rayonese Textile Inc., Division de Culp Inc.
Tommy Hilfiger
SYNERGIES HONG KONG LIMITED
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Rosset ;& Cia Limited
Truetzschler India Private Limited
Vianney Textil Hogar S.A. De C.V.
Huntsman (Singapore) Pte Ltd
Reiter India Private Limited
BIANCA
Varner AS Retail
Lifestyle
Chico’ FAS
Babyshop
Gatsby Africa
Restoque S.A.
Lenzing Aktiengesellschaft
KIABI
J ;& P Coats
TESCO INTERNATIONAL SOURCING LIMITED
Amazon China
OVS Hong Kong Sourcing Ltd.
Calvin Klein
Permoda(Koaj/Armi/Pronto/Bkul)
Lisa S.P.A.
Splash
G-Star Raw C.V.
Gloria Jeans
John Varvatos
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Etam Group Strategy Hong Kong Limited
Gap International Sourcing Limited
Seasalt Limited
Decathlon
Target Corporation (MN)
Vardhman Textile Ltd
Maceton Limited
Desigual - ABASIC, S.A.
Abit
Landmark Group
Lacoste (Wanchai)
International Textile Manufacturers Federation
Hirdaramani International Export Private Limited
Walmart
Esprit Europe Services GmbH
Eastman Chemical Company
Tchibo GmbH
Lululemon Athletica Inc
Bluestem Global Sourcing Limited
LC Waikiki
IKEA of Sweden AB
Groz-Beckert East Asia LLP
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
THE BOMBAY DYEING ;& MFG.CO. LTD
Tory Burch Hong Kong Ltd
Recron Polyester from Reliance Industries Limited
Hela Clothing Pvt Ltd
Guess Europe Sagl,
T.T. Limited
Gokaldas Exports Limited
Boardriders Asia Sourcing Limited
Alison Hayes Romania
Sportswear Company Spa
Asos
KAS Direct Sourcing
Chori Company Limited
NITI Aayog
The Top Form Brassiere Manufacturing Company Limited
Puma
Benetton Group

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search