earnings
confidence high
sentiment negative
materiality 0.70
Oxford Industries Q3 adj EPS $1.01 vs $1.46 YoY; guides FY adj EPS $10.10-$10.30
OXFORD INDUSTRIES INC
2023-Q3 EPS reported
$7.57
revenue$1,167,046,000
- Q3 net sales $327M (+4% YoY); GAAP EPS $0.68, adjusted EPS $1.01.
- Tommy Bahama sales down 5% to $170.1M; Lilly Pulitzer down 9% to $76.3M.
- Inventory down 4% on FIFO basis; debt reduced $53M in first nine months.
- FY2023 guidance: net sales $1.570B-$1.590B, adjusted EPS $10.10-$10.30.
- Quarterly dividend $0.65/share, payable Feb 2, 2024 to holders of record Jan 19.