Oxford Industries news and archive

Oxford Industries lowers FY24 outlook

Oxford Industries net sales in the first quarter decreased 5 percent to 398 million dollars. The company’s EPS on a GAAP basis decreased to 2.42 dollars, while on an adjusted basis, EPS decreased to 2.66 dollars. Commenting on the first quarter results, Tom Chubb, the company’s chairman and CEO, said in a statement: “Our strong brands and...

BusinessFeatured

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...

ManagementFeatured

Oxford Industries delivers Q3 sales growth

Oxford Industries, Inc. net sales in the third quarter increased 4 percent to 327 million dollars. Net sales in the first nine months increased 13 percent to 1,167 million dollars. The company reported EPS on a GAAP basis of 68 cents and 1.01 dollars on an adjusted basis. Nine months EPS on a GAAP basis decreased to 7.57 dollars and on an...

ManagementFeatured

Oxford Industries posts upbeat Q1 results

Oxford Industries reported net sales in the first quarter increased 19 percent to 420 million dollars. The company having Tommy Bahama, Lilly Pulitzer and Johnny Was under its portfolio, said EPS on a GAAP basis increased to 3.64 dollars compared to 3.45 dollars in the first quarter of fiscal 2022. On an adjusted basis, EPS increased to 3.78...

ManagementFeatured

Oxford Industries reports strong growth in sales and earnings

Oxford Industries, Inc. net sales for the full fiscal 2022 year increased 24 percent to 1.41 billion dollars, while earnings per share (EPS) on a GAAP basis increased 31 percent to 10.19 dollars and adjusted EPS increased 36 percent to 10.88 dollars compared to fiscal 2021. The company’s net sales in the fourth quarter increased 28 percent to...

ManagementFeatured

Oxford Industries reports strong Q3, raises outlook

Oxford Industries, Inc. reported net sales for the third quarter increased 26 percent to 313 million dollars including the contribution of 23 million dollars of Johnny Was. Consolidated net sales in the first nine months increased 22 percent to 1,029 million dollars. The company’s earnings per share (EPS) on a GAAP basis were 1.22 dollars...

ManagementFeatured

Oxford Industries raises outlook after Johnny Was acquisition

Oxford Industries, Inc. has completed the acquisition of Johnny Was, a California-based affordable luxury, bohemian lifestyle apparel brand, for 270 million dollars. Oxford is also increasing its guidance for the third quarter and full year of fiscal 2022. “Rob Trauber and the team at Johnny Was have done a spectacular job of leveraging its...

ManagementFeatured

Oxford Industries sales and earnings up, raises outlook

Second quarter net sales at Oxford Industries, Inc. increased 11 percent to 363 million dollars. The company said in a release that earnings per share (EPS) on a GAAP basis increased to 3.49 dollars, while on an adjusted basis, EPS increased to 3.61 dollars compared to 3.24 dollars in the second quarter of fiscal 2021. Commenting on the results,...

Report

Carol Yancey appointed to board of directors of Oxford Industries

Oxford Industries, Inc. has announced the appointment of Carol B. Yancey to the company’s board of directors. “Carol’s exceptional track record of strategic leadership and insights into operational and governance matters, as well as her depth of experience in public company accounting and financial oversight, will be tremendous additions to our...

Report

Oxford Industries promotes CFO Scott Grassmyer as the company’s new COO

Oxford Industries, Inc. has promoted Scott Grassmyer, the company’s executive vice president and chief financial officer, to the additional role of chief operating officer. Commenting on the development, Thomas C. Chubb III, the company’s chairman and chief executive officer, said: “Since joining our company in 2002, Scott has been instrumental...

ManagementFeatured

Oxford's sales and earnings beat pre-pandemic results

Full fiscal 2021 consolidated net sales at Oxford Industries increased to 1.142 billion dollars compared to 749 million dollars in fiscal 2020 and 1.123 billion dollars in fiscal 2019. On a GAAP basis, the company reported earnings per share of 7.78 dollars compared to a loss of 5.77 dollars in fiscal 2020 and earnings of 4.05 dollars in fiscal...

Management | Featured

Oxford Industries posts sales and earnings growth

Oxford Industries, Inc. consolidated net sales rose 3 percent in the third quarter of fiscal 2021 to 248 million dollars compared to 175 million dollars and 241 million dollars in the third quarters of fiscal 2020 and fiscal 2019, respectively, despite significantly lower sales at Lanier Apparel. The company said in a statement that earnings on...