Oxford Industries (OXM) Tops Q1 EPS by 75c, Offers Guidance

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

June 8, 2022 4:05 PM EDT

First quarter sales increased 33%, exceeding high end of revenue guidance rangeFirst quarter operating margin expanded 840 basis points to 21.5% on a GAAP basis and 700 basis points to 21.8% on an adjusted basis over fiscal 2021Record first quarter GAAP EPS of $3.45 and adjusted EPS of $3.50 exceeded high end of guidance rangeRaises full-year EPS guidance to $9.55 - $9.95 on a GAAP basis and $9.60 - $10.00 on an adjusted basis

ATLANTA, June 08, 2022 (GLOBE NEWSWIRE) -- Oxford Industries, Inc. (NYSE: OXM) today announced financial results for its fiscal 2022 first quarter ended April 30, 2022.

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