Oxford Industries (OXM) Tops Q1 EPS by 5c; Boosts FY18 Guidance

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Oxford Reports First Quarter EPS Above Guidance

June 12, 2018 4:05 PM EDT

--First Quarter GAAP EPS of $1.23, Adjusted EPS of $1.28, Above Guidance Range----Raises Full-Year Guidance--

ATLANTA, June 12, 2018 (GLOBE NEWSWIRE) -- Oxford Industries, Inc. (NYSE: OXM) today announced financial results for its fiscal 2018 first quarter ended May 5, 2018.  Consolidated net sales increased slightly to $272.6 million compared to $272.4 million in the first quarter of fiscal 2017. Earnings on a GAAP basis were $1.23 per share in the first quarter of fiscal 2018 compared to $1.03 in the same period of the prior year.  On an adjusted basis, earnings were $1.28 per share in the first quarter of fiscal 2018... More