secwatch.observer — SEC 8-K summary
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Issuer:     OXFORD INDUSTRIES INC (OXM)
CIK:        0000075288
Form:       8-K
Filed at:   2023-08-31T23:59:59+00:00
Accession:  0001171843-23-005512
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oxford Q2 sales +16% to $420M; GAAP EPS $3.22; FY outlook cut on Maui fires
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- Second-quarter net sales $420M, up 16% YoY; GAAP EPS $3.22 vs $3.49, adjusted EPS $3.45 vs $3.61.
- FY2023 sales guidance moderated to $1.570-1.600B; GAAP EPS $9.61-9.91, adjusted EPS $10.30-10.60.
- Maui wildfires expected to reduce H2 sales by ~$7M and EPS by ~$0.20; company has six locations on island.
- Quarterly dividend of $0.65/share declared, payable Oct 27, 2023 to holders of record Oct 13.
- Johnny Was contributed $52M sales in Q2; company completed $20M share repurchase at avg $102/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/75288/000117184323005512/0001171843-23-005512-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75288/000117184323005512/f8k_083123.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-005512

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