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OXM - Oxford Industries: Long-Term Debt Reduction Encouraging Despite Drop In Net Sales
Oxford Industries Inc.
2024-06-13 07:06:07 ET
Summary
Oxford Industries has seen a decline in net sales in the most recent earnings quarter.
However, reduction in long-term debt has been encouraging.
I continue to take a bullish view on Oxford Industries stock.
Investment Thesis: I take a bullish view on Oxford Industries.
In a previous article back in January 2023, I made the argument that Oxford Industries ( OXM ) has the potential for a rebound going forward, on the basis of continued growth in sales....