Oxford Industries Inc (OXM) Releases Earnings Results, Beats Expectations By $0.10 EPS

Oxford Industries Inc (OXM) reported quarterly earnings results on Wednesday, Aug-31-2016. The company said it had a profit of $1.48 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.10. Analysts had a consensus of $1.38. The company posted revenue of $283.00 million in the period, compared to analysts expectations of $274.55 million. The company’s revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.32 EPS.

Many Wall Street Analysts have commented on Oxford Industries Inc. Shares were Reiterated by Telsey Advisory Group on Jun 8, 2016 to “Outperform” and Lowered the Price Target to $ 73 from a previous price target of $80 .Shares were Reiterated by Wunderlich on Jun 8, 2016 to “Buy” and Lowered the Price Target to $ 80 from a previous price target of $100 .

Oxford Industries Inc opened for trading at $63.86 and hit $64.84 on the upside on Monday, eventually ending the session at $64.41, with a gain of 1.58% or 1 points. The heightened volatility saw the trading volume jump to 2,12,372 shares. Company has a market cap of $1,079 M.

In a different news, on Jun 12, 2015, Terry R Pillow (CEO, TOMMY BAHAMA GROUP) sold 5,000 shares at $86.08 per share price.

Oxford Industries, Inc. is an apparel company. The Company designs, sources, markets and distributes products bearing the trademarks of its owned Tommy Bahama and Lilly Pulitzer lifestyle brands, as well as certain licensed and private label apparel products. The Company's business is primarily operated through its Tommy Bahama, Lilly Pulitzer and Lanier Apparel operating groups. Tommy Bahama designs, sources, markets and distributes men's and women's sportswear and related products. Lilly Pulitzer designs, sources, markets and distributes upscale collections of women's and girl's dresses, sportswear and related products. Lanier Apparel designs, sources and distributes branded and private label men's apparel, including tailored clothing, casual pants and sportswear, across a range of price points, with the majority of the business at moderate price points. The Company operates over 120 Tommy Bahama and over 30 Lilly Pulitzer full-price retail stores.

Oxford Industries Inc

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