Oxford Industries posts rise in Q2 net sales and earnings

Oxford Industries, Inc. reported consolidated net sales increase of 6 percent to 302.6 million dollars compared to 284.7 million dollars in the second quarter of fiscal 2017. The company said, earnings on a GAAP basis were 1.61 dollars per share compared to 1.36 dollars in the same period of the prior year, while on an adjusted basis, earnings were 1.83 dollars per share compared to 1.44 dollars in the second quarter of fiscal 2017.