×
90 803
Fashion Jobs
KOHLS
Financial Analyst
Permanent · Menomonee Falls
GAP
General Manager - Glendale Galleria
Permanent · Glendale
MACY'S
Asset Protection Security Guard, Herald Square - Full Time
Permanent · New York
MACY'S
Asset Protection Detective, Northpark Center - Part Time
Permanent · Dallas
MACY'S
Asset Protection Detective, Manhattan Beach - Full Time
Permanent · Manhattan Beach
ABERCROMBIE AND FITCH STORES
Abercrombie & Fitch - Manager in Training, Dadeland
Permanent · Miami
AESOP
Part Time Retail Consultant | Seaport
Permanent · Boston
KOHLS
Distribution Center Operations Manager
Permanent · Patterson
PAUL SMITH
Sales Supervisor- Wooster Street
Permanent · NEW YORK
URBN
Urbn Urban Outfitters Inc. Inventory Control/Quality Audit
Permanent · RENO
H&M
Senior Director, Sales Component Engineering
Permanent · ATLANTA
H&M
Part Time Cleaning Technician
Permanent · NEW YORK
PRIMARK
Visual Merchandising Manager- Downtown Crossing
Permanent · BOSTON
PRIMARK
Visual Merchandising Manager-Concord Mills
Permanent · CONCORD
PRIMARK
Visual Merchandising Manager - Crossgates
Permanent · ALBANY
PRIMARK
Visual Merchandise Manager- Jersey Gardens
Permanent · ELIZABETH
PRIMARK
Visual Merchandise Manager- Green Acres
Permanent · NEW YORK
PRIMARK
Visual Merchandise Manager- Walden
Permanent · BUFFALO
PRIMARK
Visual Merchandise Manager- Woodfield Mall- New Store
Permanent · SCHAUMBURG
SACKS
Vendor Compliance Analyst
Permanent · WILKES-BARRE
SACK OFF 5TH
Asset Protection Investigator
Permanent · BOCA RATON
UNDER ARMOUR
Stock Lead, ft
Permanent · WOODSTOCK
Published
Sep 13, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Oxford Industries second-quarter comps lift on Lilly Pulitzer

Published
Sep 13, 2018

Oxford Industries said on Thursday that consolidated net sales in the second quarter of fiscal 2018 increased 6% to $302.6 million, with increases across its Tommy Bahama, Lilly Pulitzer and Southern Tide brands.

Lilly Pulitzer


The Atlanta, Georgia-based Oxford said comparable sales for the three months ending August 4 shot forward 7%, helped by the incremental sales associated with additional stores added to its Lilly Pulitzer folio.

Net earnings were $1.61 per share in the second quarter, compared to $1.36 in the same period last year. On an adjusted basis, earnings were $1.83 per share, up from $1.44 in the second quarter of fiscal 2017. 

The company added that it incurred $3.7 million, or $0.19 per share, of charges related to the restructuring and downsizing of Tommy Bahama’s operations in Japan, which included the pending closure of its Tommy Bahama Ginza flagship retail-restaurant location.

The company’s selling, general and administrative expenses for the quarter rose to $146.3 million from $132.9 million, again thanks to a rollout out of Lilly Pulitzer stores, which has ten more on last year.

“We continue to invest in our business to ensure that we reach and delight our customers by having both a strong digital and strong physical presence that are woven together to provide a seamless omnichannel experience," said Thomas C. Chubb III, Chairman and CEO.

"We are achieving this by executing our multi-year IT infrastructure projects, continuing to open beautiful stores and restaurants in iconic locations and supporting all our channels with increased investments in marketing."

For the third quarter, Oxford expects increases in direct to consumer sales and reductions in wholesale sales. Net sales are expected to be in a range from $235 million to $245 million.

Net earnings per share are expected to be in a range of $0.07 to $0.17 in the third quarter, it said.

Copyright © 2022 FashionNetwork.com All rights reserved.