Oxford Industries Inc. Is Climbing On Q2 News

Oxford Industries Inc. (OXM) reported second quarter adjusted EPS of $0.30 after the close Wednesday, down from the $0.37 reported last year. The consensus estimate was for EPS of $0.07. The company expects to report full year 2009 adjusted EPS of $0.90 to $1.05.

Oxford Industries gapped up sharply Thursday and has continued to climb on above average volume. Shares are now up 3.03 at $17.13. The stock has broken out of a one-month range, to set nearly an 11-month high.

by RTTNews Staff Writer

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