Oxford Industries, Inc. Reaffirms Earnings Guidance for the Fiscal Year Ending January 30, 2016
January 12, 2016 at 02:39 am IST
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Oxford Industries Inc. reaffirmed earnings guidance for the fiscal year ending January 30, 2016. The company expects adjusted earnings from continuing operations per share guidance of $3.53 to $3.63 per diluted share for the full 2015 fiscal year, which ends January 30, 2016. For comparison, this reflects expected GAAP earnings from continuing operations per diluted share in a range of $3.44 to $3.54 per share.
Oxford Industries, Inc. operates in the apparel industry, which owns and markets Tommy Bahama, Lilly Pulitzer, Johnny Was, Southern Tide, The Beaufort Bonnet Company and Duck Head lifestyle brands. The Company distributes its products through its direct-to-consumer channels, consisting of its brand specific full-price retail stores, e-commerce Websites and outlet stores, and its wholesale distribution channel, which includes sales to various specialty stores, signature stores, department stores, multi-branded e-commerce Websites and other retailers. Additionally, it operates Tommy Bahama food and beverage locations, including Marlin Bars and full-service restaurants, generally adjacent to a Tommy Bahama full-price retail store. Tommy Bahama designs, sources, markets, and distributes menâs and womenâs sportswear and related products. Lilly Pulitzer designs, sources, markets, and distributes upscale collections of womenâs and girlâs dresses, sportswear, and related products.