Oxford Industries (OXM) Tops Q1 EPS by 84c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus, Offers 2Q EPS/Revenues Outlook

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Go back to Oxford Industries (OXM) Tops Q1 EPS by 84c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus, Offers 2Q EPS/Revenues Outlook

Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Southern Tide Reports Record First Quarter Earnings, Raises Full Year Guidance

June 9, 2021 4:05 PM EDT

Strong first quarter sales exceeding high end of revenue guidance rangeGross margin expands 390 basis points to 62.7% on a GAAP basis and 520 basis points to 64.0% on an adjusted basis over fiscal 2019Operating margin expands 260 basis points to 13.1% on a GAAP basis and 410 basis points to 14.8% on an adjusted basis over fiscal 2019Record first quarter GAAP EPS of $1.70 and adjusted EPS of $1.89 exceed high end of earnings guidance rangeRaises full-year EPS guidance to $4.55 - $4.85 on a GAAP basis and $4.85 - $5.15 on an adjusted basis

ATLANTA, June 09, 2021 (GLOBE NEWSWIRE) -- Oxford... More