Financial Data and Key Metrics Changes - The company reported fiscal 2023 sales totaling $1.571 billion, with adjusted earnings per share (EPS) at $10.15, marking the second-strongest annual earnings in its 82-year history [14][16] - Consolidated net sales grew 11% year-over-year, including a $130 million increase from Johnny Was, which was owned for 19 of 52 weeks during fiscal 2022 [42] - Adjusted gross margin increased by 50 basis points to 64%, while adjusted SG&A expenses rose to $807 million from $684 million the previous year [40][44] Business Line Data and Key Metrics Changes - Tommy Bahama, Lilly Pulitzer, and emerging brands saw growth across most full-price distribution channels, with increases of 6% in restaurants, 3% in full-price e-commerce, and 1% in wholesale [42] - The hospitality business contributed significantly to Tommy Bahama's success, with women's business growing to 36% of total direct-to-consumer sales [23][24] Market Data and Key Metrics Changes - The company experienced a decline in consumer sentiment, impacting discretionary spending on fashion apparel, which is core to its business [18] - The wholesale channel is expected to be down significantly in Q1 2024 compared to a strong Q1 2023, but is projected to turn positive for the remainder of the year [34][57] Company Strategy and Development Direction - The company plans to focus on fresh, differentiated products, maintain optimistic brand messaging, and diversify media channels for customer communication [20][21] - A new state-of-the-art distribution center in Lyons, Georgia, is being developed to enhance product availability and efficiency [32] Management's Comments on Operating Environment and Future Outlook - Management noted that while economic indicators are positive, consumer sentiment remains cautious, affecting spending on discretionary items [18] - For fiscal 2024, the company expects net sales between $1.63 billion and $1.67 billion, representing growth of 4% to 6% compared to 2023 [52] Other Important Information - The company incurred a total impairment charge of $111 million related to the Johnny Was brand due to macroeconomic challenges and increased interest rates [47] - Capital expenditures for fiscal 2024 are expected to be approximately $200 million, significantly higher than the previous year's $74 million [59] Q&A Session Summary Question: Variance in January and February sales by brand and impact of weather - Management acknowledged softness in January and February across all brands, attributing it more to consumer sentiment than weather, with expectations for improvement in March [65][66] Question: Wholesale performance and outlook - Management expressed cautious optimism regarding wholesale performance, noting strong feedback from major accounts and a belief that they are outperforming peers [68][69] Question: Expectations on promotions and Jack Rogers acquisition - Management indicated that gross margins are expected to be flat to slightly up, with no significant increase in discounting, reflecting a healthy business [82]

EXHIBIT 99.1 Looking forward to 2024, our strong balance sheet and cash flows have us well positioned to invest further in future growth, which includes expansion of our bricks-and-mortar footprint, including 5 Marlin Bars, and enhancing the efficiency and capacity of our east coast distribution capabilities. While these investments combined with the persistence of a cautious consumer environment will put pressure on near-term EPS, we are excited to continue executing the initiatives that we have in place t ...

Financial Performance - Consolidated net sales for the First Nine Months of Fiscal 2023 were $1,167 million, a 13.4% increase from $1,029 million in the same period of Fiscal 2022[70] - Operating income decreased to $162 million in the First Nine Months of Fiscal 2023 from $179 million in Fiscal 2022, reflecting a decline of 9.1%[70] - Net earnings for the First Nine Months of Fiscal 2023 were $121 million, down 9.7% from $134 million in Fiscal 2022[70] - Net earnings per diluted share decreased by 8% to $7.57 in the First Nine Months of Fiscal 2023 compared to $8.19 in the same period of Fiscal 2022[70] - In the Third Quarter of Fiscal 2023, consolidated net sales increased by 4.3% to $327 million from $313 million in the Third Quarter of Fiscal 2022[84] - Operating income decreased to $14.5 million in the Third Quarter of Fiscal 2023, down 47.1% from $27.3 million in the prior year, primarily due to lower income in Tommy Bahama and Lilly Pulitzer[107] - Net earnings per diluted share for the third quarter of Fiscal 2023 were $0.68, down from $1.22 in Q3 Fiscal 2022, reflecting increased SG&A and decreased gross margin[117] Sales Performance by Brand - Johnny Was contributed $49 million in sales during the Third Quarter of Fiscal 2023, a significant increase from $23 million in the same quarter of Fiscal 2022[85] - Tommy Bahama and Lilly Pulitzer experienced sales declines of 4.8% and 9.2%, respectively, in the Third Quarter of Fiscal 2023[85] - Tommy Bahama reported net sales of $170.1 million for Q3 Fiscal 2023, a decrease of $8.5 million or 4.8% compared to Q3 Fiscal 2022[108] - Lilly Pulitzer's net sales were $76.3 million in Q3 Fiscal 2023, down $7.8 million or 9.2% from the previous year[109] - Johnny Was achieved net sales of $49.1 million in Q3 Fiscal 2023, an increase of $26.4 million, reflecting a significant growth due to its acquisition[110] - Emerging Brands saw a 15.8% increase in net sales to $31.2 million in Q3 Fiscal 2023, up $4.2 million from the prior year[111] - Lilly Pulitzer's net sales for the first nine months of Fiscal 2023 were $265.1 million, a slight increase of 0.1% compared to $264.8 million in Fiscal 2022[146] - Johnny Was reported net sales of $150.6 million for the first nine months of Fiscal 2023, a significant increase from $22.7 million in the same period of Fiscal 2022, representing a change of NM%[147] - Emerging Brands achieved net sales of $96.7 million, up 9.2% from $88.6 million in Fiscal 2022, with gross profit increasing by 9.8% to $48.2 million[148] Gross Profit and Margins - Consolidated gross profit increased by $7.7 million, or 3.9%, driven by a 4% increase in net sales, while gross margin decreased to 62.9% from 63.2%[96] - Gross profit margin for Tommy Bahama improved to 65.4% in Q3 Fiscal 2023, up from 64.7% in Q3 Fiscal 2022[108] - Lilly Pulitzer's gross margin decreased to 67.3% from 67.9% due to a change in sales mix with a higher proportion of flash clearance sales[135] - Johnny Was reported a gross margin of 68.6% for the First Nine Months of Fiscal 2023, reflecting improved product margins and reduced freight costs[136] - Emerging Brands' gross margin improved due to a higher proportion of direct-to-consumer sales, although it faced pressure from lower wholesale margins[137] Expenses and Income Tax - SG&A expenses rose by $19.8 million, or 11.3%, totaling $194.8 million, with increased employment costs and advertising expenses contributing significantly[105] - SG&A expenses increased by $107.6 million, or 21.7%, in the First Nine Months of Fiscal 2023, primarily due to increased employment costs and advertising expenses[139] - Interest expense increased by 74.4% to $1.2 million in Q3 Fiscal 2023, primarily due to a higher average outstanding debt balance[113] - Interest expense for the first nine months of Fiscal 2023 was $4.9 million, a 300% increase from $1.2 million in Fiscal 2022, primarily due to higher debt levels following the Johnny Was acquisition[150] - Income tax expense decreased by 15.9% to $36.8 million in Fiscal 2023 from $43.8 million in Fiscal 2022, with an effective tax rate of 23.4%[151] Assets and Liabilities - Total current assets as of October 28, 2023, were $291.4 million, a decrease from $400.3 million as of October 29, 2022, primarily due to lower inventories and cash[157] - Working capital increased to $78.9 million as of October 28, 2023, compared to $69.1 million in January 2023, with a working capital ratio of 1.37[157] - Inventories decreased to $157.5 million as of October 28, 2023, from $171.6 million in October 2022, reflecting ongoing inventory management initiatives[163] - Total current liabilities decreased to $212.5 million from $230.4 million a year earlier, a reduction of 7.9%[169] - Long-term debt was reduced to $66.2 million as of October 28, 2023, down from $130.4 million a year earlier, reflecting a decrease of 49.3%[169] Cash Flow and Capital Expenditures - Cash provided by operating activities for the first nine months of Fiscal 2023 was $169.4 million, compared to $86.3 million in the same period of Fiscal 2022, representing a significant increase of 96.5%[171] - Capital expenditures for Fiscal 2023 are anticipated to be approximately $80 million, up from $47 million in Fiscal 2022, indicating a year-over-year increase of 70.2%[193] - The company repurchased $30 million of shares in the first nine months of Fiscal 2023, compared to $90 million in the same period of Fiscal 2022[176] Strategic Initiatives - The company continues to invest in technology infrastructure following the acquisition of Johnny Was on September 19, 2022[61] - The company plans to increase its full-price stores by approximately 25 by the end of Fiscal 2023[193] - As of October 28, 2023, the company had $66 million in borrowings under its $325 million Revolving Credit Agreement, with $253 million available[183] - The company has not experienced significant changes to its critical accounting policies and estimates during the First Nine Months of Fiscal 2023[197] Seasonal Trends - The third quarter historically has the lowest net sales and net earnings compared to other quarters due to seasonal demand fluctuations[200] - There has been a decreased exposure to interest rates resulting from reduced borrowings relative to January 28, 2023[201]

Oxford Industries, Inc. (NYSE:OXM) Q3 2023 Results Conference Call December 6, 2023 4:30 PM ET Company Participants Brian Smith - IR Tom Chubb - Chairman and CEO Scott Grassmyer - CFO and COO Conference Call Participants Edward Yruma - Piper Sandler Ashley Owens - KeyBanc Capital Markets Dana Telsey - Telsey Advisory Group Mauricio Serna - UBS Tracy Kogan - Citi Jeff Lick - B. Riley Financial Janine Stitcher - BTIG Operator Greetings. Welcome to Oxford Industries, Inc. Third Quarter Fiscal 2023 Earnings Con ...

PART I. FINANCIAL INFORMATION [Item 1. Financial Statements](index=6&type=section&id=Item%201.%20Financial%20Statements) Oxford Industries' unaudited condensed consolidated financial statements for Q2 and H1 Fiscal 2023 are presented, with comparative data and key notes [Condensed Consolidated Balance Sheets](index=6&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) The balance sheet shows total assets of **$1.15 billion**, a decrease from **$1.19 billion** at year-end Fiscal 2022, but an increase from **$957 million** in the prior year's quarter Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | July 29, 2023 | January 28, 2023 | July 30, 2022 | | :--- | :--- | :--- | :--- | | **Total Current Assets** | $282,380 | $330,463 | $421,248 | | Inventories, net | $161,866 | $220,138 | $135,483 | | **Total Assets** | **$1,149,858** | **$1,188,665** | **$957,202** | | **Total Current Liabilities** | $232,561 | $269,639 | $222,640 | | Long-term debt | $48,472 | $119,011 | $0 | | **Total Liabilities** | **$525,229** | **$632,395** | **$423,186** | | **Total Shareholders' Equity** | **$624,629** | **$556,270** | **$534,016** | [Condensed Consolidated Statements of Operations](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) Net sales increased to **$420.3 million** in Q2 Fiscal 2023, but operating income and net earnings decreased, with diluted EPS falling to **$3.22** Q2 Fiscal 2023 vs Q2 Fiscal 2022 (in thousands, except per share) | Metric | Q2 Fiscal 2023 | Q2 Fiscal 2022 | | :--- | :--- | :--- | | Net sales | $420,319 | $363,430 | | Gross profit | $268,729 | $232,149 | | Operating income | $67,674 | $75,371 | | Net earnings | $51,453 | $56,612 | | Diluted EPS | $3.22 | $3.49 | First Half Fiscal 2023 vs First Half Fiscal 2022 (in thousands, except per share) | Metric | First Half Fiscal 2023 | First Half Fiscal 2022 | | :--- | :--- | :--- | | Net sales | $840,416 | $716,011 | | Gross profit | $543,858 | $458,526 | | Operating income | $147,975 | $151,349 | | Net earnings | $109,991 | $114,020 | | Diluted EPS | $6.86 | $6.94 | [Condensed Consolidated Statements of Cash Flows](index=9&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Cash provided by operating activities significantly increased to **$152.5 million** in H1 Fiscal 2023, while investing and financing activities used cash Cash Flow Summary - First Half (in thousands) | Activity | Fiscal 2023 | Fiscal 2022 | | :--- | :--- | :--- | | Cash provided by operating activities | $152,500 | $90,629 | | Cash used in investing activities | $(32,638) | $(9,796) | | Cash used in financing activities | $(120,881) | $(94,803) | | **Net change in cash** | **$(1,019)** | **$(13,970)** | [Notes to Condensed Consolidated Financial Statements](index=10&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Notes detail operating segments, revenue recognition, leases, income taxes, share repurchases, the Johnny Was acquisition, and a subsequent event regarding wildfires - The company's business is organized into four operating groups: Tommy Bahama, Lilly Pulitzer, Johnny Was (acquired September 19, 2022), and Emerging Brands[20](index=20&type=chunk) Net Sales by Operating Group - Q2 (in thousands) | Operating Group | Fiscal 2023 | Fiscal 2022 | | :--- | :--- | :--- | | Tommy Bahama | $245,443 | $243,965 | | Lilly Pulitzer | $91,349 | $88,665 | | Johnny Was | $52,023 | — | | Emerging Brands | $31,580 | $29,913 | | **Consolidated Net Sales** | **$420,319** | **$363,430** | - In August 2023, the Tommy Bahama Marlin Bar in Lahaina, Maui was destroyed by wildfires, with expected substantial insurance recovery[56](index=56&type=chunk) - During Q2 2023, the company repurchased **186,000 shares** of common stock for **$19 million** under an open market program[36](index=36&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=23&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses Q2 Fiscal 2023 performance, highlighting sales growth driven by acquisition but declining operating income due to increased expenses and brand-specific challenges [Overview](index=23&type=section&id=Overview) Oxford Industries operates a portfolio of lifestyle brands, with **80% of Fiscal 2022 sales** from direct-to-consumer channels, facing a challenging macroeconomic environment - The company's business strategy is to drive excellence across a portfolio of lifestyle brands, including Tommy Bahama, Lilly Pulitzer, Johnny Was, Southern Tide, TBBC, and Duck Head[60](index=60&type=chunk)[61](index=61&type=chunk) - Direct-to-consumer channels (retail stores, e-commerce, outlets, food & beverage) accounted for **80% of consolidated net sales** in Fiscal 2022[63](index=63&type=chunk) - Management notes that the current macroenvironment, including inflation, rising interest rates, and geopolitical issues, is creating a complex and challenging retail environment that may impact the business[70](index=70&type=chunk) [Results of Operations](index=27&type=section&id=Results%20of%20Operations) Q2 Fiscal 2023 net sales rose **15.7%** to **$420.3 million**, primarily due to the Johnny Was acquisition, but operating income fell **10.2%** due to higher SG&A expenses Q2 Fiscal 2023 vs Q2 Fiscal 2022 Consolidated Results | Metric | Q2 Fiscal 2023 | Q2 Fiscal 2022 | % Change | | :--- | :--- | :--- | :--- | | Net Sales | $420,319 | $363,430 | 15.7% | | Gross Profit | $268,729 | $232,149 | 15.8% | | SG&A | $205,231 | $163,135 | 25.8% | | Operating Income | $67,674 | $75,371 | (10.2)% | | Net Earnings | $51,453 | $56,612 | (9.1)% | First Half Fiscal 2023 vs First Half Fiscal 2022 Consolidated Results | Metric | First Half 2023 | First Half 2022 | % Change | | :--- | :--- | :--- | :--- | | Net Sales | $840,416 | $716,011 | 17.4% | | Gross Profit | $543,858 | $458,526 | 18.6% | | SG&A | $408,380 | $320,547 | 27.4% | | Operating Income | $147,975 | $151,349 | (2.2)% | | Net Earnings | $109,991 | $114,020 | (3.5)% | [Financial Condition, Liquidity and Capital Resources](index=50&type=section&id=Financial%20Condition%2C%20Liquidity%20and%20Capital%20Resources) The company maintains a strong financial position with **$153 million** cash from operations in H1 Fiscal 2023, reduced debt, and planned **$90 million** in capital expenditures - Cash and short-term investments decreased from **$186 million** on July 30, 2022, to **$8 million** on July 29, 2023, primarily due to using cash to fund a portion of the Johnny Was acquisition[160](index=160&type=chunk) - As of July 29, 2023, the company had **$48 million** of borrowings outstanding and **$266 million** in unused availability under its Revolving Credit Agreement[51](index=51&type=chunk)[182](index=182&type=chunk) - Cash provided by operating activities increased to **$153 million** in the first half of Fiscal 2023, compared to **$91 million** in the same period of 2022[171](index=171&type=chunk) - Anticipated capital expenditures for Fiscal 2023 are approximately **$90 million**, a significant increase from **$47 million** in Fiscal 2022, to fund new stores, relocations, and technology initiatives[192](index=192&type=chunk) [Critical Accounting Policies and Estimates](index=60&type=section&id=Critical%20Accounting%20Policies%20and%20Estimates) No significant changes occurred in the company's critical accounting policies and estimates during the first half of Fiscal 2023, consistent with Fiscal 2022 disclosures - There have not been any significant changes to the company's critical accounting policies and estimates during the First Half of Fiscal 2023[196](index=196&type=chunk) [Seasonal Aspects of Our Business](index=60&type=section&id=Seasonal%20Aspects%20of%20Our%20Business) The company's business is seasonal, with higher demand in spring, summer, and holiday seasons, making the third quarter historically the weakest in sales and earnings - The business is seasonal, with higher demand in the spring, summer, and holiday seasons. The third quarter is historically the weakest in terms of net sales and earnings[199](index=199&type=chunk)[200](index=200&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=62&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) No material changes in market risk exposure occurred in H1 Fiscal 2023, except for decreased interest rate exposure due to reduced borrowings - There have been no material changes in exposure to market risks during the First Half of Fiscal 2023, other than decreased interest rate exposure resulting from reduced borrowings[201](index=201&type=chunk) [Item 4. Controls and Procedures](index=62&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of quarter-end, with no material changes to internal control over financial reporting - The principal executive officer and principal financial officer concluded that disclosure controls and procedures were effective as of the end of the period[202](index=202&type=chunk) - No material changes to internal control over financial reporting were identified during the second quarter of Fiscal 2023[203](index=203&type=chunk) PART II. OTHER INFORMATION [Item 1. Legal Proceedings](index=62&type=section&id=Item%201.%20Legal%20Proceedings) The company is not currently involved in any legal or regulatory proceedings expected to materially impact its financial position or results - The company is not currently a party to any litigation or regulatory action that is expected to have a material impact on its financial condition or results of operations[204](index=204&type=chunk) [Item 1A. Risk Factors](index=62&type=section&id=Item%201A.%20Risk%20Factors) Investors are directed to the Fiscal 2022 Form 10-K for a comprehensive discussion of risk factors that could materially affect the company's business - Investors are directed to the Risk Factors section of the Fiscal 2022 Form 10-K for a comprehensive discussion of risks facing the company[205](index=205&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=62&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) During Q2 Fiscal 2023, the company repurchased **278,981 shares** of common stock at an average price of **$103.55**, with **$31.1 million** remaining for future repurchases Share Repurchases in Q2 Fiscal 2023 | Fiscal Month | Total Number of Shares Purchased | Average Price Paid per Share | | :--- | :--- | :--- | | May (4/30/23 - 5/27/23) | 47,034 | $105.12 | | June (5/28/23 - 7/1/23) | 84,228 | $99.36 | | July (7/2/23 - 7/29/23) | 147,719 | $105.44 | | **Total** | **278,981** | **$103.55** | - The Board of Directors authorized a **$150 million** share repurchase program on December 7, 2021. As of July 29, 2023, approximately **$31 million** remained available under this authorization[211](index=211&type=chunk)[212](index=212&type=chunk) [Item 5. Other Information](index=64&type=section&id=Item%205.%20Other%20Information) No directors or officers adopted or terminated Rule 10b5-1 or non-Rule 10b5-1 trading arrangements during the second quarter of Fiscal 2023 - No directors or officers adopted or terminated a Rule 10b5-1 or non-Rule 10b5-1 trading arrangement during Q2 Fiscal 2023[215](index=215&type=chunk) [Item 6. Exhibits](index=65&type=section&id=Item%206.%20Exhibits) This section lists filed exhibits, including Section 302 and 906 certifications by the CEO and CFO, and XBRL data files - Exhibits filed include Section 302 and 906 certifications by the CEO and CFO, along with XBRL interactive data files[217](index=217&type=chunk)

Oxford Industries, Inc. (NYSE:OXM) Q2 2023 Earnings Conference Call August 31, 2023 4:30 PM ET Company Participants Brian Smith - Director of Financial Reports and Investor Relations Tom Chubb - Chairman and CEO Scott Grassmyer - CFO and COO Conference Call Participants Edward Yruma - Piper Sandler Noah Zatzkin - KeyBanc Mauricio Serna - UBS Tracy Kogan - Citigroup Dana Telsey - Telsey Advisory Group Operator Greetings. And welcome to Oxford Industries, Inc. Second Quarter Fiscal 2023 Earnings Conference Ca ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 29, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-4365 OXFORD INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Georgia 58-0831862 (State or other jur ...

Financial Data and Key Metrics Changes - Adjusted EPS for the quarter was $3.78, up from $3.50 in the first quarter of last year, representing an 8% year-over-year growth [15][44] - Consolidated net sales for the first quarter of fiscal 2023 were $420 million, a 19% increase from $353 million in the prior year [68][92] - Adjusted gross margin expanded by 130 basis points to 65.8%, driven by higher gross margins in both Tommy Bahama and Lilly Pulitzer [69] Business Line Data and Key Metrics Changes - Tommy Bahama achieved a 5% sales increase across all distribution channels, with women's business growing faster than men's [93] - Lilly Pulitzer's sales grew 6% from $92 million to $97 million, with direct-to-consumer channels driving growth despite a modest decline in wholesale [106] - The Emerging Brands Group posted a 7% year-over-year sales growth [36] Market Data and Key Metrics Changes - Full-price e-commerce sales increased by 20%, while full-price brick-and-mortar sales rose by 2% [42] - The company experienced a decrease in Lilly Pulitzer e-commerce flash sales, down $7 million compared to the previous year [42] Company Strategy and Development Direction - The company aims to maximize long-term shareholder value by focusing on a portfolio of lifestyle brands that deliver sustained profitable growth [19] - Continued investment in people, marketing, IT, and stores is planned to support future growth [40][110] - The integration of Johnny Was into the company's platform is a priority for establishing a foundation for sustained growth [94] Management's Comments on Operating Environment and Future Outlook - Management noted that consumer spending has become more cautious, impacting conversion rates despite positive traffic trends [37][39] - The company expects a more modest gross margin expansion for the full year of 2023 compared to the first quarter [46] - A forecast moderation for the year was indicated, with expectations for sales growth in the low to mid-single-digit range [95][109] Other Important Information - The company anticipates year-end inventory balances to be at or below last year's levels, with a focus on reducing excess inventory [45][81] - Capital expenditures for fiscal 2023 are expected to be approximately $9 million, significantly lower than $47 million in fiscal 2022 [49] Q&A Session Summary Question: What are the inventory levels and trends for the year? - Management indicated that inventory levels are expected to be lower year-over-year, with a focus on aligning inventory with sales growth [45][81] Question: How did Johnny Was perform relative to expectations? - Johnny Was performed slightly below expectations in the first quarter, impacted by cautious consumer behavior in its primary market [62][99] Question: What are the trends by brand for the second quarter guidance? - Tommy Bahama is expected to show marginal growth, while Lilly Pulitzer may see a slight decline in full-price sales [61][106]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 28, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-4365 OXFORD INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Georgia 58-0831862 (State or other jurisdict ...

Oxford Industries, Inc. (NYSE:OXM) Q4 2022 Earnings Conference Call March 23, 2023 4:30 PM ET Company Participants Jevon Strasser - Investor Relations Tom Chubb - Chairman & Chief Executive Officer Scott Grassmyer - Chief Financial Officer & Chief Operating Officer Conference Call Participants Ed Yruma - Piper Sandler Dana Telsey - Telsey Group Tracy Kogan - Citigroup Noah Zatzkin - KeyBanc Operator Greetings and welcome to the Oxford Industries Fourth Quarter Fiscal 2022 Earnings Conference Call. [Operator ...