Oxford Industries Inc. (OXM) Tuesday reported fourth-quarter net earnings of $5.3 million or $0.32 per share, down from $7.1 million or $0.43 per share last year.
Adjusted earnings for the quarter improved to $0.65 per share from $0.61 per share last year. Analysts polled by Thomson Reuters expected earnings of $0.70 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter rose 18 percent to $236.2 million from $199.7 million last year. Analysts estimated sales of $228.64 million for the quarter.
Looking forward to the first quarter, the company expects earnings of $0.72 to $0.82 per share and sales of $230 million to $240 million. Analysts currently estimate earnings of $1.20 per share on revenues of $255 million for the quarter.
For the fiscal year 2013, the company expects earnings of $3.00 to $3.15 per share and sales of $930 million to $945 million. Analysts currently estimate earnings of $3.24 per share on revenues of $928.15 million for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.