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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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