Originally published at www.seclive.com
Filing in Focus: Oxford Industries 8-K, June 10, 2014
Oxford Industries Inc. (NYSE:OXM) announced its financial results for the first quarter of fiscal year 2015, reporting a 10% rise in net sales. The global apparel company, which operates through its brands that include Tommy Bahama, Lilly Pulitzer, and several others, saw net sales rise from $234.2M to $257.6M. Earnings grew from $13.6M and $0.18 per share in the year-ago quarter to $15.0M and $0.21 per share. The company's performance across all of its brands was positive, with Tommy Bahama and Lilly Pulitzer sales leading the way. President and CEO Thomas Chubb remarked that the company's results were very positive and that efforts continue on expanding investments in Tommy Bahama and Lilly Pulitzer, which the company views as its key strategic focus.
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