secwatch.observer — SEC 8-K summary
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Issuer:     OXFORD INDUSTRIES INC (OXM)
CIK:        0000075288
Form:       8-K
Filed at:   2024-06-12T23:59:59+00:00
Accession:  0001171843-24-003411
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oxford Industries Q1 sales down 5%, EPS misses; FY2024 guidance lowered
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- Q1 net sales $398M, down 5% YoY; GAAP EPS $2.42 vs $3.64, adjusted EPS $2.66 vs $3.78.
- Tommy Bahama sales -5.8%, Lilly Pulitzer -9.3%, Johnny Was +3.5%; DTC full-price down 3%.
- FY2024 guidance lowered: sales $1.59-$1.63B, adjusted EPS $8.60-$9.00 (vs prior $10.15).
- Dividend declared $0.67/share, payable Aug 2 to holders of record July 19.
- CapEx expected ~$170M, including ~$90M for new Georgia distribution center.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/75288/000117184324003411/0001171843-24-003411-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/75288/000117184324003411/f8k_061224.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-003411

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