Southern Tide news and archive

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...

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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...

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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,...

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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...

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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...

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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...

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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...

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Oxford Industries returns to earnings growth in Q2

Oxford Industries, Inc. reported consolidated net sales in the second quarter of fiscal 2021 increased to 329 million dollars compared to 192 million dollars and 302 million dollars in the second quarters of fiscal 2020 and fiscal 2019, respectively. Earnings on a GAAP basis increased to 3.05 dollars per share compared to a loss of 37 cents per...

Management

Oxford Industries swings to Q1 profit, raises outlook

Consolidated net sales in the first quarter at Oxford Industries were 266 million dollars compared to 160 million dollars and 282 million dollars in the first quarters of fiscal 2020 and fiscal 2019, respectively. Earnings on a GAAP basis increased to 1.70 dollars per share compared to a loss of 4.02 dollars in the first quarter of fiscal 2020...

Management

Oxford Industries Q4 sales decline 26 percent

Consolidated net sales at Oxford Industries decreased 26 percent in the fourth quarter, while full year consolidated net sales decreased 33 percent. The company said, full price e-commerce sales grew 26 percent and 28 percent in the fourth quarter and the full year, respectively, with growth in all the company’s branded businesses in the year....

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Oxford Industries posts Q3 loss, revenues down 27 percent

Oxford Industries, Inc. said consolidated net sales were 175 million dollars, down 27 percent, compared to 241 million dollars in the third quarter of fiscal 2019, while loss for the quarter was 64 cents per share on a GAAP basis and 44 cents on an adjusted basis compared with earnings per share of 10 cents on both a GAAP and adjusted basis in...

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Oxford Industries Q2 sales decline, swings to loss

Oxford Industries, Inc. has announced that consolidated net sales were down 36 percent to 192 million dollars for the second quarter of fiscal 2020, while the company reported loss of 37 cents per share on a GAAP basis and an adjusted loss per share of 38 cents compared with earnings per share of 1.76 dollars on a GAAP basis and 1.84 dollars on...