Oxford Industries, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended August 03, 2024
September 11, 2024 at 04:08 pm EDT
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Oxford Industries, Inc. reported earnings results for the second quarter and six months ended August 03, 2024. For the second quarter, the company reported sales was USD 419.89 million compared to USD 420.32 million a year ago. Net income was USD 40.64 million compared to USD 51.45 million a year ago. Basic earnings per share from continuing operations was USD 2.59 compared to USD 3.31 a year ago. Diluted earnings per share from continuing operations was USD 2.57 compared to USD 3.22 a year ago.
For the six months, sales was USD 818.07 million compared to USD 840.42 million a year ago. Net income was USD 79.02 million compared to USD 109.99 million a year ago. Basic earnings per share from continuing operations was USD 5.06 compared to USD 7.06 a year ago. Diluted earnings per share from continuing operations was USD 4.99 compared to USD 6.86 a year ago.
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. 
