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Oxford Industries posts drop in Q4 earnings

Oxford Industries net sales for the full year increased 11 percent to 1.57 billion dollars, while earnings per share (EPS) on a GAAP basis decreased 63 percent to 3.82 dollars. On an adjusted basis, EPS decreased 7 percent to 10.15 dollars. Consolidated net sales in the fourth quarter increased 6 percent to 404 million dollars, loss per share on...