secwatch.observer — SEC 8-K summary
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Issuer:     OXFORD INDUSTRIES INC (OXM)
CIK:        0000075288
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001171843-24-001686
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oxford Industries Q4 GAAP loss $3.85 on $114M impairment; FY sales $1.57B, raises dividend 3%
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- Full-year sales up 11% to $1.57B; GAAP EPS $3.82 (down 63%) due to $114M noncash impairment charge against Johnny Was.
- Q4 net sales up 6% to $404M; adjusted EPS $1.90 (down from $2.28 YoY).
- Board declares quarterly dividend $0.67/share, a 3% increase; payable May 3, 2024.
- FY2024 guidance: sales $1.630-$1.670B, adjusted EPS $9.30-$9.70 (down from $10.15 in FY2023).
- Q1 FY2024 sales expected $395-$415M (down from $420M); adjusted EPS $2.60-$2.80 (down from $3.78).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/75288/000117184324001686/0001171843-24-001686-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75288/000117184324001686/f8k_032824.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-001686

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