长沙USDT交易便利|【唯一TG:@heimifeng8】|黑帽快排消息代理✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Oxford Industries sees annual sales dip, but earnings improve
Benjamin Fitzgerald Published
March 28, 2025
Oxford Industries announced on Wednesday that sales for the full-year ending February 1 decreased 3% to $1.52 billion, on the back of declines across the U.S. firm's direct-t0-consumer channel (DTC).
The Atlanta-based company said full-price DTC sales fell 3% to $1 billion, while outlet sales grew 3% to $75 million. Food and beverage sales grew 1% for the year, offset by a 10% decline in wholesale revenues to $281 million.
For the fourth quarter, the owner of Tommy Bahama, Lilly Pulitzer, and Johnny Was said sales fell 3% to $237.6 million for the three months. However, the company did report an operating income of $20 million, compared to an operating loss of $81 million in the prior year.
“We are pleased to report fourth quarter net sales and adjusted earnings per share that were near the top end of our guidance ranges. Our results were driven by a successful holiday season as our consumer showed up to buy their loved ones and friends the gifts that they really wanted from the brands that they love. Following a strong finish to calendar year 2025, trends moderated in January as there was less of a reason to shop, a pattern we’ve witnessed for the past several quarters, as well as a deterioration in consumer sentiment that also weighed on demand," said Tom Chubb, chairman and CEO, Oxford Industries.
“We believe the challenging trends experienced in January that accelerated into February are likely an indicator of what we can expect in the first half of fiscal 2025. We also believe the strong occasion driven performance experienced during the holiday season in the fourth quarter of fiscal 2025 will continue for key events in fiscal 2025 including Easter, Mother's Day, Father's Day and the summer holidays. In the times between these major selling periods, we expect the consumer to be more hesitant to shop given the current uncertainty in the marketplace. In response to this backdrop, each of our brands has developed plans with a sharp focus on building on the core of what makes it great. We are confident that our business model will guide us through this period of uncertainty and drive profitable growth and long-term shareholder value well into the future. We could not do this without our exceptional team of people, to whom we extend our sincere gratitude.”
Looking ahead, the company expects net sales in a range of $1.49 billion to $1.53 billion, compared to net sales of $1.52 billion in fiscal 2025.