Oxford Industries, Inc. Provides Earnings Guidance for the Second Quarter Ending July 30, 2022
June 08, 2022 at 04:05 pm EDT
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Oxford Industries, Inc. provided earnings guidance for the second quarter ending July 30, 2022. For the quarter, the company expects net sales to be between $350 million and $370 million compared to net sales of $329 million in the second quarter of fiscal 2021, GAAP earnings per share are expected to be in a range of $3.30 to $3.50 as compared with Earnings per share of $3.05 on a GAAP basis in the second quarter of fiscal 2021.
Oxford Industries, Inc. operates in the apparel industry, which owns and markets Tommy Bahama, Lilly Pulitzer, Johnny Was, Southern Tide, The Beaufort Bonnet Company and Duck Head lifestyle brands. The Company distributes its products through its direct-to-consumer channels, consisting of its brand specific full-price retail stores, e-commerce Websites and outlet stores, and its wholesale distribution channel, which includes sales to various specialty stores, signature stores, department stores, multi-branded e-commerce Websites and other retailers. Additionally, it operates Tommy Bahama food and beverage locations, including Marlin Bars and full-service restaurants, generally adjacent to a Tommy Bahama full-price retail store. Tommy Bahama designs, sources, markets, and distributes menâs and womenâs sportswear and related products. Lilly Pulitzer designs, sources, markets, and distributes upscale collections of womenâs and girlâs dresses, sportswear, and related products.
OXFORD INDUSTRIES, INC. 
