Oxford Industries (OXM) Tops Q4 EPS by 14c, Offers Guidance

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Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was Reports Record Fourth-Quarter and Full-Year Fiscal 2022 Results, Increases Quarterly Dividend 18%

March 23, 2023 4:05 PM EDT

Full-year sales increased 24% to $1.41 billion2022 operating margin increased 100 basis points to 15.5%, or 130 basis points to 16.6% on an adjusted basisGAAP EPS increased 31% to $10.19 and adjusted EPS increased 36% to $10.88Initiates fiscal 2023 guidance of revenues of $1.62 billion to $1.66 billion, GAAP EPS of $10.86 to $11.26 and adjusted EPS of $11.50 to $11.90

ATLANTA , March 23, 2023 (GLOBE NEWSWIRE) -- Oxford Industries, Inc. (NYSE: OXM) today announced financial results for its fourth quarter and full fiscal year 2022 ended January 28, 2023.

Consolidated net sales for the full fiscal 2022 year increased 24% to $1.41 billion compared to $1.14 billion in fiscal... More