earnings
confidence high
sentiment positive
materiality 0.80
Oxford Industries reports record Q2 EPS $3.49 ($3.61 adj.), sales +11% to $363M, raises FY guidance
OXFORD INDUSTRIES INC
2022-Q2 EPS reported
$6.94
revenue$716,011,000
- GAAP EPS $3.49 vs $3.05 prior year; adjusted EPS $3.61 vs $3.24.
- Consolidated net sales $363M (+11% YoY); Tommy Bahama sales $244M (+17%), Lilly Pulitzer $88.7M (+2%).
- Full-year FY2022 guidance raised: net sales $1.30-$1.325B, GAAP EPS $9.68-$9.93, adj. EPS $9.85-$10.10.
- Quarterly dividend $0.55/share payable Oct 28, 2022; repurchased $30M of stock in Q2.
- Direct-to-consumer comp sales +14%; gross margin expanded to 63.9% (GAAP) despite freight headwinds.