Tommy Bahama news and archive

Oxford Industries reports mixed Q4, cautious FY25 outlook

Financial performance of Atlanta based company Oxford Industries, the owner of brands like Tommy Bahama and Lilly Pulitzer, reveal a complex financial picture and a cautious outlook for the coming year. While the company experienced a successful holiday season, a moderation in trends during January has led to a conservative forecast for fiscal...

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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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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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Oxford Industries delivers Q3 sales growth

Oxford Industries, Inc. net sales in the third quarter increased 4 percent to 327 million dollars. Net sales in the first nine months increased 13 percent to 1,167 million dollars. The company reported EPS on a GAAP basis of 68 cents and 1.01 dollars on an adjusted basis. Nine months EPS on a GAAP basis decreased to 7.57 dollars and on an...

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Oxford Industries posts upbeat Q1 results

Oxford Industries reported net sales in the first quarter increased 19 percent to 420 million dollars. The company having Tommy Bahama, Lilly Pulitzer and Johnny Was under its portfolio, said EPS on a GAAP basis increased to 3.64 dollars compared to 3.45 dollars in the first quarter of fiscal 2022. On an adjusted basis, EPS increased to 3.78...

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Oxford Industries reports strong growth in sales and earnings

Oxford Industries, Inc. net sales for the full fiscal 2022 year increased 24 percent to 1.41 billion dollars, while earnings per share (EPS) on a GAAP basis increased 31 percent to 10.19 dollars and adjusted EPS increased 36 percent to 10.88 dollars compared to fiscal 2021. The company’s net sales in the fourth quarter increased 28 percent to...

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Oxford Industries reports strong Q3, raises outlook

Oxford Industries, Inc. reported net sales for the third quarter increased 26 percent to 313 million dollars including the contribution of 23 million dollars of Johnny Was. Consolidated net sales in the first nine months increased 22 percent to 1,029 million dollars. The company’s earnings per share (EPS) on a GAAP basis were 1.22 dollars...

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Oxford ups FY guidance on strong Q1 earnings

US fashion company Oxford Industries has raised its full-year outlook after reporting robust revenue and earnings in the first quarter of the year. In the three months ended April 30, the company’s net earnings increased to 57.4 million dollars from 28.5 million dollars a year earlier. That came as its sales increased 33 percent to 353 million...

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Oxford Industries posts sales and earnings growth

Oxford Industries, Inc. consolidated net sales rose 3 percent in the third quarter of fiscal 2021 to 248 million dollars compared to 175 million dollars and 241 million dollars in the third quarters of fiscal 2020 and fiscal 2019, respectively, despite significantly lower sales at Lanier Apparel. The company said in a statement that earnings on...