Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Southern Tide Reports First Quarter Fiscal 2020 Results

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Oxford Industries (OXM) Misses Q1 EPS by 85c, Revenues Miss

June 10, 2020 4:08 PM EDT

Oxford Industries (NYSE: OXM) reported Q1 EPS of ($1.12), $0.85 worse than the analyst estimate of ($0.27). Revenue for the quarter came in at $160 million versus the consensus estimate of $172.54 million.

Thomas C. Chubb III, Chairman and CEO, commented, During these extraordinary times, our top priorities have been protecting our people and customers, supporting our brands, and preserving liquidity while never losing sight of our goal of delivering long-term value to our shareholders.

We temporarily closed all of our North American stores and restaurants on March 17 and quickly pivoted time and resources to staying connected with our... More