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Business

Oxford Industries lowers FY24 outlook

Oxford Industries net sales in the first quarter decreased 5 percent to 398 million dollars. The company’s EPS on a GAAP basis decreased to 2.42 dollars, while on an adjusted basis, EPS decreased to 2.66 dollars. Commenting on the first quarter results, Tom Chubb, the company’s chairman and CEO, said in a statement: “Our strong brands and...

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Oxford Industries posts drop in Q4 earnings

Oxford Industries net sales for the full year increased 11 percent to 1.57 billion dollars, while earnings per share (EPS) on a GAAP basis decreased 63 percent to 3.82 dollars. On an adjusted basis, EPS decreased 7 percent to 10.15 dollars. Consolidated net sales in the fourth quarter increased 6 percent to 404 million dollars, loss per share on...

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