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) generates frequent news as an apparel manufacturing company that owns and markets lifestyle brands including Tommy Bahama, Lilly Pulitzer, Johnny Was, Southern Tide, The Beaufort Bonnet Company, Duck Head and Jack Rogers. Company news often focuses on brand performance, channel trends and strategic investments that affect how these brands reach consumers.
On this page, readers can follow Oxford’s announcements about quarterly and annual financial results, which typically include consolidated net sales, net sales by operating group, and breakdowns by distribution channel such as full-price direct-to-consumer, e-commerce, outlet, wholesale and food and beverage sales. These releases are accompanied by management commentary on consumer demand, promotional activity, tariffs, sourcing strategies and gross margin dynamics.
Oxford’s news flow also includes updates on capital allocation and operations, such as dividend declarations, share repurchase authorizations and progress on major projects. For example, the company has highlighted capital expenditures associated with building a new multi-brand, omnichannel distribution center in Lyons, Georgia, and has discussed how this facility is intended to support ongoing business growth and direct-to-consumer throughput for its brands.
Investors and followers of OXM can also find notices about upcoming earnings releases, conference calls with senior management and participation in investor conferences like the ICR Conference. These items provide additional context on Oxford’s outlook, risk considerations and strategic priorities. Bookmark this page to review Oxford Industries’ latest press releases, performance discussions and corporate updates as they are reported.
Oxford Industries (OXM) will release its fourth quarter fiscal 2022 financial results on March 23, 2023, after market close. The company will host a conference call at 4:30 p.m. ET to discuss these results, led by Thomas C. Chubb III and K. Scott Grassmyer. A live webcast will be available on Oxford's website, and a replay will be accessible until April 6, 2023. Oxford Industries is recognized for its popular brands, including Tommy Bahama and Lilly Pulitzer, and has been publicly traded on the NYSE since 1964.
Oxford Industries (NYSE: OXM) announced its participation in the ICR Conference 2023 at the JW Marriott Orlando Grande Lakes, occurring on January 9, 2023. CEO Tom Chubb will present at 3:00 p.m. Eastern Time. The presentation will be available via webcast on the Oxford website. Founded in 1964, Oxford is a leader in the apparel industry, owning brands like Tommy Bahama and Lilly Pulitzer.
Oxford Industries reported a strong third quarter for fiscal 2022, with net sales increasing by 26% to $313 million. Gross margin improved by 160 basis points, leading to a GAAP EPS of $1.22 and record adjusted EPS of $1.46. The company raised its full-year guidance, anticipating net sales between $1.395 billion and $1.410 billion. Tommy Bahama drove sales with a 20% increase year-over-year. Additionally, the acquisition of Johnny Was contributed significantly to the revenue growth. The board declared a quarterly dividend of $0.55 per share.
Oxford Industries, Inc. (NYSE: OXM) will release its third quarter fiscal 2022 financial results on December 7, 2022, after market close. A conference call will follow at 4:30 p.m. ET, hosted by CEO Thomas C. Chubb III and CFO K. Scott Grassmyer, discussing financial outcomes. A live webcast will be accessible on the company's website, with a replay available until December 21, 2022.
Oxford, a key player in the apparel industry, markets prominent brands including Tommy Bahama® and Lilly Pulitzer®. For more, visit www.oxfordinc.com.
Southern Tide has announced a sponsorship deal with PGA TOUR Rookie Kevin Roy, marking him as their first official ambassador. Roy, transitioning from the Korn Ferry Tour, will showcase Southern Tide's Skipjack logo on his apparel during competitions. This collaboration comes as Southern Tide experiences notable growth in its golf segment, with average spending hitting record highs. CEO Carey Ann Campbell highlights the importance of authentic partnerships, emphasizing the brand’s alignment with Roy's coastal lifestyle and performance needs.
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Oxford Industries, Inc. (NYSE:OXM) has acquired Johnny Was, a California-based modern bohemian lifestyle brand, for $270 million. This acquisition is expected to be accretive to earnings in fiscal 2022, prompting Oxford to raise its guidance for third quarter sales to $295 million to $310 million and adjusted EPS to $1.10 to $1.30. Approximately two-thirds of the EPS increase is attributed to Johnny Was. The deal was primarily financed through cash, with about $100 million from a revolving credit facility, which Oxford plans to repay within a year.
Oxford Industries reported a solid second quarter for fiscal 2022, with net sales reaching $363 million, an 11% increase from last year’s $329 million. The company achieved a record GAAP EPS of $3.49 and adjusted EPS of $3.61, up from $3.05 and $3.24, respectively. Full-year sales guidance has been raised to a range of $1.300 billion to $1.325 billion. Notably, the company repurchased $30 million worth of stock in Q2 and declared a quarterly dividend of $0.55 per share.
Oxford Industries, Inc. (NYSE: OXM) plans to release its second quarter fiscal 2022 financial results on Thursday, September 1, 2022, after market close. Following the release, the company will host a conference call at 4:30 p.m. ET led by Chairman and CEO Thomas C. Chubb III and CFO K. Scott Grassmyer to discuss the results. A live webcast will be available on the company's website, with a replay accessible until September 15, 2022.
Oxford is a leader in the apparel industry, known for brands like Tommy Bahama and Lilly Pulitzer.
Oxford Industries, Inc. (NYSE: OXM) has appointed Carol B. Yancey to its Board of Directors as of August 3, 2022. Ms. Yancey brings over 30 years of experience, having recently retired as Executive Vice President and CFO of Genuine Parts Company. She is a Certified Public Accountant with significant expertise in corporate governance and financial oversight. The CEO, Thomas C. Chubb III, expressed enthusiasm for her strategic leadership and insights, indicating her addition as a valuable asset to the company.