2023-06-07 16:32:19 ET
- Oxford Industries press release ( NYSE: OXM ): Q1 Non-GAAP EPS of $3.78 beats by $0.03 .
- Revenue of $420M (+19.1% Y/Y) beats by $0.9M .
- For fiscal 2023 ending on February 3, 2024, the Company revised its sales and EPS guidance. The Company now expects net sales in a range of $1.59 billion to $1.63 billion as compared to net sales of $1.41 billion in fiscal 2022. In fiscal 2023, GAAP EPS is expected to be between $10.18 and $10.58 compared to fiscal 2022 GAAP EPS of $10.19. Adjusted EPS is expected to be between $10.80 and $11.20, compared to fiscal 2022 adjusted EPS of $10.88.
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For the second quarter of fiscal 2023, the Company expects net sales to be between $415 million and $435 million compared to net sales of $363 million in the second quarter of fiscal 2022. GAAP EPS is expected to be in a range of $3.14 to $3.34 in the second quarter compared to GAAP EPS of $3.49 in the second quarter of fiscal 2022. Adjusted EPS is expected to be between $3.30 and $3.50 compared to adjusted EPS of $3.61 in the second quarter of fiscal 2022.
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Oxford Industries Non-GAAP EPS of $3.78 beats by $0.03, revenue of $420M beats by $0.9M