Johnny Was news and archive

Oxford Industries lowers FY24 outlook

Oxford Industries net sales in the first quarter decreased 5 percent to 398 million dollars. The company’s EPS on a GAAP basis decreased to 2.42 dollars, while on an adjusted basis, EPS decreased to 2.66 dollars. Commenting on the first quarter results, Tom Chubb, the company’s chairman and CEO, said in a statement: “Our strong brands and...

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Oxford Industries delivers Q3 sales growth

Oxford Industries, Inc. net sales in the third quarter increased 4 percent to 327 million dollars. Net sales in the first nine months increased 13 percent to 1,167 million dollars. The company reported EPS on a GAAP basis of 68 cents and 1.01 dollars on an adjusted basis. Nine months EPS on a GAAP basis decreased to 7.57 dollars and on an...

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Oxford Industries posts upbeat Q1 results

Oxford Industries reported net sales in the first quarter increased 19 percent to 420 million dollars. The company having Tommy Bahama, Lilly Pulitzer and Johnny Was under its portfolio, said EPS on a GAAP basis increased to 3.64 dollars compared to 3.45 dollars in the first quarter of fiscal 2022. On an adjusted basis, EPS increased to 3.78...

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Oxford Industries reports strong growth in sales and earnings

Oxford Industries, Inc. net sales for the full fiscal 2022 year increased 24 percent to 1.41 billion dollars, while earnings per share (EPS) on a GAAP basis increased 31 percent to 10.19 dollars and adjusted EPS increased 36 percent to 10.88 dollars compared to fiscal 2021. The company’s net sales in the fourth quarter increased 28 percent to...

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Oxford Industries reports strong Q3, raises outlook

Oxford Industries, Inc. reported net sales for the third quarter increased 26 percent to 313 million dollars including the contribution of 23 million dollars of Johnny Was. Consolidated net sales in the first nine months increased 22 percent to 1,029 million dollars. The company’s earnings per share (EPS) on a GAAP basis were 1.22 dollars...

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Oxford Industries raises outlook after Johnny Was acquisition

Oxford Industries, Inc. has completed the acquisition of Johnny Was, a California-based affordable luxury, bohemian lifestyle apparel brand, for 270 million dollars. Oxford is also increasing its guidance for the third quarter and full year of fiscal 2022. “Rob Trauber and the team at Johnny Was have done a spectacular job of leveraging its...