Oxford Industries expects FY2022 results at top end of guidance on strong holiday and Resort sales

OXFORD INDUSTRIES INC

Holiday and early Resort season strong; expects FY2022 revenue and EPS at top end of guidance ($1.395B-$1.410B rev, adj EPS $10.60-$10.75).
Previously issued guidance on Dec 7, 2022; FY2022 ends Jan 28, 2023.
Presentation shows brand mix: Tommy Bahama 57%, Lilly Pulitzer 22%, Johnny Was 14%, Emerging Brands 7% of TTM revenue.
Capital allocation: $36M dividends, $50M capex in 2022E; $100M buybacks since Dec 2021; $270M Johnny Was acquisition.

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