×
58 146
Fashion Jobs
SHISEIDO
Brand Manager
Permanent · Miami
ABERCROMBIE AND FITCH CO.
1st Shift Security Associate (Full-Time)
Permanent · Columbus
ABERCROMBIE AND FITCH CO.
2nd Shift Security Associate (Full-Time)
Permanent · Columbus
ABERCROMBIE AND FITCH CO.
3rd Shift Security Associate (Full-Time)
Permanent · Columbus
ROSS STORES
Store Protection Specialist
Permanent · Fresno
ULTA BEAUTY, INC.
General Manager
Permanent · Warrensville Heights
MICHAEL KORS
Looking For ft Sales Supervisor. 20-29 Hours/wk-Kings' Shops
Permanent · Waikoloa Village
MACY'S
Asset Protection Detective, Cool Springs - Standard Part Time
Permanent · Franklin
MACY'S
Asset Protection Officer, West Virginia - Part Time (2840)
Permanent · Martinsburg
MACY'S
Asset Protection Detective, Brea - Full Time
Permanent · Brea
MACY'S
Beauty Account Coordinator
Permanent · Peabody
MACY'S
Asset Protection Security Guard, West Covina - Flex
Permanent · West Covina
MACY'S
Manager, Merchandise Execution
Permanent · New York
MACY'S
Asset Protection Detective, Green Acres - Full Time
Permanent · Valley Stream
MACY'S
Manager, Merchandise Execution
Permanent · Garden City
MACY'S
Asset Protection Security Guard, Woodlands Mall - Flex
Permanent · The Woodlands
MACY'S
Asset Protection Detective, Lehigh Valley - Full Time
Permanent · Whitehall
MACY'S
Asset Protection Detective, Summit Mall - Full Time
Permanent · Akron
MACY'S
Asset Protection Detective, Southshore - Full Time
Permanent · Bay Shore
MACY'S
Demand Planner Associate
Permanent · New York
MACY'S
Asset Protection Detective, Walden Galleria - Standard Part Time
Permanent · Cheektowaga
MACY'S
Assistant Manager, Asset Protection
Permanent · Dallas
By
Reuters
Published
Mar 30, 2009
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Oxford Industries posts Q4 loss on charges, slashes div

By
Reuters
Published
Mar 30, 2009

March 30 (Reuters) - Oxford Industries Inc (OXM.N) posted a fourth-quarter loss, hurt by charges, and the apparel maker declined to give 2009 outlook and halved its dividend to boost liquidity.


Tommy Bahama Swimwear 2009

"Our plans for the future incorporate a prudent and cautious view of fiscal 2009," Chief Executive Hicks Lanier said in a statement.

For the fourth quarter ended Jan. 31, the company posted a loss of $281.6 million, or $18.17 a share, compared with a profit of $5.9 million, or 36 cents a share, a year earlier.

Excluding non-cash impairment charges and other items, the company earned 6 cents a share.

The company declined to provide 2009 outlook, citing lack of visibility due to the uncertain economic environment, and halved its quarterly cash dividend to 9 cents a share.

The company, whose brands include Tommy Bahama, Ben Sherman, Ely & Walker, Oxford Golf and Arnold Brant, expects selling, general and administrative expenses to be $40 million lower in fiscal 2009, helped by its cost-cutting measures.

It also sees capital expenditures of $10 million to $12 million for fiscal 2009, compared with $20.7 million last year.

Shares of the Atlanta-based company closed at $6.46 Monday on the New York Stock Exchange.

For related alerts, please double click (Reporting by Renju Jose in Bangalore; Editing by Deepak Kannan)

© Thomson Reuters 2022 All rights reserved.