Revenue Update on Oxford Industries Inc(NYSE:OXM)

Oxford Industries Inc(NYSE:OXM) announced the earnings results for Fiscal Year 2016 and Q1. The results came in during After-hours on Jun 7, 2016. Company reported revenue of $256.24M. Analysts estimated a revenue of $271.93M. Earnings per share were $1.26. Analysts had estimated an EPS of $1.35.

Oxford Industries Inc (OXM) shares turned negative on Fridays trading session with the shares closing down -2.35 points or -3.81% at a volume of 3,39,064. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $61.04. The peak price level was also seen at $61.04 while the days lowest was $58.92. Finally the shares closed at $59.41. The 52-week high of the shares is $91.24 while the 52-week low is $54.79. According to the latest information available, the market cap of the company is $996 M.

Several Insider Transactions has been reported to the SEC. On Jun 12, 2015, Terry R Pillow (CEO, TOMMY BAHAMA GROUP) sold 5,000 shares at $86.08 per share price.

Oxford Industries Inc. is a global apparel company. The Company designs sources markets and distributes products bearing the trademarks of its owned lifestyle brands as well as certain licensed and private label apparel products. The Company’s portfolio of brands includes Tommy Bahama Lilly Pulitzer and Ben Sherman. It distributes its own lifestyle branded products through its direct to consumer channel consisting of its retail stores and e-commerce sites and its wholesale distribution channel which includes better department stores and specialty stores. In addition to operating e-commerce Websites for each of its lifestyle brands as of January 31 2015 the Company operated 157 Tommy Bahama 28 Lilly Pulitzer and 21 Ben Sherman retail locations including outlet locations for Tommy Bahama and Ben Sherman. The Company’s business is primarily operated through its operating groups: Tommy Bahama Lilly Pulitzer Lanier Clothes and Ben Sherman.

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