Oxford Industries, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2024
March 28, 2024 at 04:05 pm EDT
Share
Oxford Industries, Inc. provided earnings guidance for the first quarter and full year of 2024. For the quarter, the company expects net sales to be in a range of $395 million to $415 million compared to $420 million in the first quarter of fiscal 2023. GAAP EPS to be in a range of $2.47 to $2.67 compared to $3.64 in the first quarter of fiscal 2023.
For the full year, the company expects net sales to be in a range of $1.630 billion to $1.670 billion as compared to $1.57 billion in fiscal 2023. GAAP EPS to be in a range of $8.80 to $9.20 compared to $3.82 in fiscal 2023.
Oxford Industries, Inc. operates in the apparel industry, which owns and markets Tommy Bahama, Lilly Pulitzer, Johnny Was, Southern Tide, The Beaufort Bonnet Company and Duck Head lifestyle brands. The Company distributes its products through its direct-to-consumer channels, consisting of its brand specific full-price retail stores, e-commerce Websites and outlet stores, and its wholesale distribution channel, which includes sales to various specialty stores, signature stores, department stores, multi-branded e-commerce Websites and other retailers. Additionally, it operates Tommy Bahama food and beverage locations, including Marlin Bars and full-service restaurants, generally adjacent to a Tommy Bahama full-price retail store. Tommy Bahama designs, sources, markets, and distributes menâs and womenâs sportswear and related products. Lilly Pulitzer designs, sources, markets, and distributes upscale collections of womenâs and girlâs dresses, sportswear, and related products.
OXFORD INDUSTRIES, INC. 
