Brief: Oxford Industries Inc Reports Quarterly Net Earnings Per Diluted Share Of $2.00

Oxford Industries

23/03/2023 21:43

March 23 (Reuters) - Oxford Industries Inc  OXM.N :
    * OXFORD: OWNER OF TOMMY BAHAMA, LILLY PULITZER AND JOHNNY
WAS
REPORTS RECORD FOURTH-QUARTER AND FULL-YEAR FISCAL 2022 RESULTS,
INCREASES QUARTERLY DIVIDEND 18%
    * CONSOLIDATED NET SALES IN Q4 OF FISCAL 2022 INCREASED 28%
TO
$382 MILLION
    * EXPECTS NET SALES IN A RANGE OF $1.62 BILLION TO $1.66
BILLION
IN 2023
    * IN FISCAL 2023, GAAP EPS IS EXPECTED TO BE BETWEEN $10.86
AND
$11.26
    * ADJUSTED EPS IS EXPECTED TO BE BETWEEN $11.50 AND $11.90
IN 2023
    * FOR Q1 OF FISCAL 2023, COMPANY EXPECTS NET SALES TO BE
BETWEEN
$405 MILLION AND $425 MILLION
    * GAAP EPS IS EXPECTED TO BE IN A RANGE OF $3.44 TO $3.64 IN
Q1
    * SEES ADJUSTED EPS IS EXPECTED TO BE BETWEEN $3.60 AND
$3.80 IN
Q1
    * ANTICIPATES HIGHER INTEREST EXPENSE AT $5 MILLION TO $6
MILLION,
WITH ABOUT HALF THAT INTEREST EXPENSE IN Q1
    * CAPITAL EXPENDITURES IN FISCAL 2023 ARE EXPECTED TO BE
APPROXIMATELY $90 MILLION COMPARED TO $47 MILLION IN FISCAL 2022
    * QTRLY NET EARNINGS PER DILUTED SHARE $2.00
    * Q4 EARNINGS PER SHARE VIEW $2.14 -- REFINITIV IBES DATA
    * Q4 REVENUE VIEW $378.7 MILLION -- REFINITIV IBES DATA
    * QTRLY ADJUSTED EARNINGS PER SHARE $2.28
    * Q1 EARNINGS PER SHARE VIEW $4.10 -- REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $10.75, REVENUE VIEW $1.41
BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX2NNFtM 
Further company coverage:  OXM.N 

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