Oxford Industries (OXM) Tops Q3 EPS by 23c; Guides Higher

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Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was Reports Record Third Quarter Sales and Gross Margin

December 7, 2022 4:05 PM EST

Third quarter sales increased 26% to $313 millionGross margin improved 160 basis points on a GAAP basis and 120 basis points on an adjusted basisThird quarter GAAP EPS of $1.22 and record third quarter adjusted EPS of $1.46Raises full-year sales and EPS guidance on strong third-quarter results

ATLANTA, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Oxford Industries, Inc. (NYSE: OXM) today announced financial results for its fiscal 2022 third quarter ended October 29, 2022.

Consolidated net sales in the third quarter of fiscal 2022 increased 26% to $313 million compared to $248... More