Cherokee Inc. on Wednesday said its fiscal second quarter earnings fell 14 percent on lower income from its overseas business.

The Van Nuys licenser of apparel, accessory and home furnishing brands reported net income of $2.5 million (28 cents per share) for the quarter ended July 31, compared with net income of $2.9 million (32 cents) a year earlier.

Revenue was down 7.4 percent to $7.5 million. The company’s Cherokee, Sideout, and Carole Little brands are carried at Target, TJMaxx and Marshalls stores in the United States and comparable retail chains globally.

“Slight increases in our U.S. royalties were offset by less favorable exchange rates and lower royalties from certain international accounts,” Chief Operating Officer Howard Siegel said in a statement.

Shares were up 1 cent, or less than a percent, to $17.65 in midday trading on the Nasdaq.