earnings
confidence high
sentiment positive
materiality 0.85
Oxford Industries posts record Q1 EPS $3.45, raises FY2022 guidance
OXFORD INDUSTRIES INC
2022-Q1 EPS reported
$3.45
revenue$352,581,000
- Q1 net sales $353M (+33% YoY); GAAP EPS $3.45 vs $1.70; adjusted EPS $3.50 vs $1.89.
- Operating margin expanded 840 bps to 21.5% GAAP; 700 bps to 21.8% adjusted.
- Tommy Bahama sales up 46% to $228M; Lilly Pulitzer up 25% to $92M.
- Raised FY2022 guidance: sales $1.285B-$1.325B; GAAP EPS $9.55-$9.95; adjusted EPS $9.60-$10.00.
- Board declared $0.55 quarterly dividend, payable July 29, 2022; $70M in share repurchases to date.