Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Southern Tide Reports Fourth Quarter and Full Fiscal Year 2018 Results
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Oxford Industries (OXM) Misses Q4 EPS by 5c, Revenues Miss; Offers Q1 EPS/Revenue Guidance Below Consensus, FY19 EPS/Revenue Guidance Above Consensus
March 28, 2019 4:10 PM EDTOxford Industries (NYSE: OXM) reported Q4 EPS of $0.99, $0.05 worse than the analyst estimate of $1.04. Revenue for the quarter came in at $298.5 million versus the consensus estimate of $301.84 million.
Thomas C. Chubb III, Chairman and Chief Executive Officer, commented, Oxfords fiscal 2018 was solid with a 4% comparable sales increase, gross margin expansion and significant earnings growth. Central to our success was the ability of Tommy Bahama and Lilly Pulitzer, which make up over 85% of our revenue, to continue shifting consumer demand towards their own stores and websites. Underscoring our progress on this important front, our... More
