SHERMAN OAKS, Calif. (AP) _ Cherokee Inc. (APEX) on Tuesday reported a loss of $6 million in its fiscal third quarter.

On a per-share basis, the Sherman Oaks, California-based company said it had a loss of $10.58. Losses, adjusted for asset impairment costs and non-recurring costs, were $1.25 per share.

The brand management company posted revenue of $4.1 million in the period.

In the final minutes of trading on Tuesday, the company's shares hit $3.10. A year ago, they were trading at $10.40.

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