Welcome to our dedicated page for Oxford Inds news (Ticker: OXM), a resource for investors and traders seeking the latest updates and insights on Oxford Inds stock.
Oxford Industries Inc. (NYSE: OXM) is a global leader in lifestyle apparel, housing iconic brands including Tommy Bahama and Lilly Pulitzer. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments, financial performance, and strategic initiatives.
Our curated collection features official press releases, earnings announcements, and market analyses. Track material events including brand expansions, partnership agreements, and operational milestones that shape OXM's position in the competitive apparel sector.
Key coverage areas include quarterly financial disclosures, leadership updates, sustainability initiatives, and retail expansion strategies. All content is sourced from verified corporate communications and regulatory filings to ensure reliability.
Bookmark this page for streamlined access to Oxford Industries' latest developments. Combine our real-time updates with historical archives to analyze long-term performance trends and corporate decision-making patterns.
Club Car and Tommy Bahama have launched the Tommy Bahama x Club Car Special Edition Onward Car, now available for ordering. This collaboration combines Club Car's quality and reliability with Tommy Bahama's island-inspired lifestyle. The vehicle features the signature Tommy Bahama Ocean Palm print, premium seats with custom embroidery, and a color-matched cowl with the Tommy Bahama marlin logo.
Available in 4-passenger lifted and non-lifted models with gas, lithium, or FLA powertrain options. Lifted vehicles include a white brush guard and 14" chrome wheels. Customers can explore features and place orders at clubcar.com/tommybahama. This launch represents a unique blend of luxury and functionality in the personal transportation vehicle market.
Oxford Industries (NYSE:OXM) reported its Q1 fiscal 2024 results, revealing a 5% decline in net sales to $398 million compared to Q1 2023. GAAP EPS dropped to $2.42 from $3.64 in the previous year, while adjusted EPS decreased to $2.66 from $3.78. Segmented sales saw mixed results with Tommy Bahama down 5.8%, Lilly Pulitzer down 9.3%, and Johnny Was up 3.5%. The gross margin dipped slightly to 64.9%, and SG&A expenses increased to $213 million due to new store openings and pre-opening expenses. Operating income fell to $52 million from $80 million. Despite these challenges, Oxford Industries maintains a positive outlook, forecasting net sales between $1.59 billion and $1.63 billion and GAAP EPS between $7.99 and $8.39 for fiscal 2024.
Oxford Industries (NYSE: OXM) announced it will release its first quarter fiscal 2024 financial results after the market closes on June 12, 2024.
The company will hold a conference call at 4:30 p.m. ET hosted by key executives, including Chairman and CEO Thomas C. Chubb III and EVP, CFO, and COO K. Scott Grassmyer, to discuss the results.
A live webcast will be available on the company's website, with a replay accessible until June 26, 2024 via their website or by phone.
Oxford Industries, Inc. (NYSE: OXM) will participate in the 19th Annual Needham Technology, Media, & Consumer Conference in New York on May 14, 2024.
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