OXM - Oxford Industries: Owner Of Tommy Bahama Reports Mixed Q2 Earnings; Slashes Outlook | Benzinga
Oxford Industries Inc (NYSE: OXM) reported second-quarter FY23 sales growth of 16% year-on-year to $420.32 million, missing the analyst consensus of $424.27 million.
Net sales from Tommy Bahama increased 1% Y/Y, Lilly Pulitzer rose 3%, and Emerging Brands gained 6%.
Full-price direct-to-consumer (DTC) sales grew 13% compared to Q2 FY22. Food and beverage sales increased 8%, and Wholesale sales climbed 9% versus Q2 FY22.
Gross margin for the quarter was ...