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Oxford Industries, a US-based leader in the apparel industry, has announced 65.7 per cent sales growth to $265.8 million in its first quarter (Q1) FY21 that ended on May 1,. ....
First Quarter of Fiscal 2021 Compared to First Quarter of Fiscal 2019 Full price e-commerce sales grew 55% to $74 million compared to the first quarter of fiscal 2019, with growth in all branded businesses.
Retail sales of $91 million were 16% lower than the first quarter of fiscal 2019, with a stronger performance in the Southeast and Southwest than in the rest of the country.
Restaurant sales grew 7% to $25 million compared to the first quarter of fiscal 2019, benefiting from five additional Marlin Bar locations. While all but one restaurant was open during the quarter, most were operating under some level of local restrictions.
Wholesale sales of $74 million were 27% lower than the first quarter of fiscal 2019. Excluding Lanier Apparel, which the Company is exiting in fiscal 2021, wholesale sales decreased 18% compared to the first quarter of fiscal 2019. ....
Oxford: Owner of Tommy Bahama, Lilly Pulitzer, and Southern Tide Reports Fourth Quarter and Full Fiscal Year 2020 Results March 25, 2021 16:05 ET | Source: Oxford Industries, Inc. Oxford Industries, Inc. ATLANTA, Georgia, UNITED STATES Provides Guidance for First Quarter and Fiscal 2021 Restores Dividend to pre-COVID level of $0.37 per Share; a 48% Increase Compared to Prior Dividend ATLANTA, March 25, 2021 (GLOBE NEWSWIRE) Oxford Industries, Inc. (NYSE: OXM) today announced financial results for its fourth quarter and fiscal 2020 year ended January 30, 2021. Consolidated net sales were $221 million in the fourth quarter of fiscal 2020 compared to $298 million in the fourth quarter of fiscal 2019. On a GAAP basis, the Company reported a loss of $0.74 per share in the fourth quarter of fiscal 2020 as compared to earnings of $0.90 per share in the same period of the prior year. Adjusted ear ....
The latest third-quarter filings from US apparel and footwear brands and retailers are a mixed bag, with some companies beginning to recover from the market disruption caused by the Covid-19 pandemic, while others are continuing to struggle. Citi Trends is back in the black, while Zumiez saw net income jump by more than 50%. Elsewhere, G-III Apparel Group remains on track to close all Wilsons Leather and GH Bass stores by the end of January, while Oxford Industries has moved to a net loss and announced plans to exit its legacy Lanier Apparel business. related to Apparel, Finance, Footwear, Retail, ....