OXM - These Analysts Revise Their Forecasts On Oxford Industries Following Q4 Results | Benzinga
Oxford Industries, Inc. (NYSE: OXM) reported downbeat financial results for its fourth quarter and issued weak guidance for the first quarter on Thursday.
Oxford Industries posted adjusted earnings of $1.90 per share, missing market estimates of $1.95 per share. The company’s sales came in at $404.40 million versus expectations of $408.18 million, according to data from Benzinga Pro.
Tom Chubb, Chairman and CEO, commented, "Fiscal 2023 was highlighted by the second strongest earnings year in our 82-year history and concluded a five-year period during which we delivered compound annual adjusted EPS growth exceeding 18 percent. This strong performance included generating $244 million in cash flow from operations in fiscal 2023, allowing us to invest ...