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 30, 2021 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 OUR OBJECTIVE To maximize long-term shareholder value OUR STRATEGY To own a portfolio of lifestyle brands that, in the aggregate, create sustained, profitable growth OUR PURPOSE To make people happy NYSE: OXM OUR KEY STRATEGY Own brands that make people happy We are passionate about delighting our customers with memorable experiences and products they love. We take the long view – not surprising for a company that's been in business since 1942. Our history proves our ability to embrace change, innova ...

Oxford Industries, Inc. (NYSE:OXM) Q4 2020 Earnings Conference Call March 25, 2021 4:30 PM ET Company Participants Anne Shoemaker - VP, Capital Markets & Treasurer Thomas Chubb - Chairman, CEO & President Scott Grassmyer - EVP, Finance, CFO & Controller Conference Call Participants Paul Lejuez - Citigroup Matthew Degulis - KeyBanc Capital Markets Steven Marotta - CL King & Associates Susan Anderson - B. Riley Securities Dana Telsey - Telsey Advisory Group Operator Greetings, and welcome to Oxford Industries ...

Financial Data and Key Metrics Changes - The company reported a gross margin of 55% for the quarter, consistent with the previous year, while SG&A expenses decreased by 15% or $21 million [16][18] - Inventory was down 4% compared to last year, which the company believes is properly reserved and positions it well for future sales [18][54] Business Line Data and Key Metrics Changes - Full price e-commerce business grew by 51%, with Tommy Bahama increasing by 38%, Lilly Pulitzer by 93%, and Southern Tide by 36% [13][14] - Full price retail sales decreased by 45% due to significantly reduced traffic and operational restrictions in stores [14] Market Data and Key Metrics Changes - The company noted that traffic in malls is expected to remain significantly below 2019 levels, with department stores becoming less relevant [7][20] - E-commerce is anticipated to grow larger and more important in the post-pandemic environment [7][20] Company Strategy and Development Direction - The company is focusing on building a customer-focused, digitally driven, and mobile-centered shopping experience [9] - The decision to exit the legacy Lanier Apparel business aligns with the company's long-term vision and strategy [12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's positioning for success in a post-pandemic environment, emphasizing the importance of e-commerce and digital marketing [6][9] - The company expects fourth-quarter revenue to decline similarly to the third quarter, with a smaller top line anticipated for fiscal 2021 compared to 2019 [20] Other Important Information - The company announced a quarterly dividend of $0.25 per share, maintaining its commitment to returning value to shareholders [21] - The company has closed several stores and plans to continue evaluating its store base for potential closures [19][52] Q&A Session Questions and Answers Question: Can you discuss sales trends quarter-to-date and expectations for the rest of the quarter? - Management noted strong sales trends with e-commerce continuing to perform well, although California's restrictions have impacted expectations for the fourth quarter [24][25] Question: How should we think about gross margin for Q4? - Gross margin is expected to be down slightly year-over-year for Q4, but comparable to Q4 of the previous year [27] Question: What are the implications of the promotional cadence going forward? - Management indicated that shifting the promotional cadence has been beneficial and will be considered for future strategies [44] Question: How is the home product line performing? - The home product line at Tommy Bahama is popular, particularly giftable items, although it is not a massive part of the line [37] Question: What changes have been observed in regional performance? - Florida and the Southeast have shown stronger performance, while California and Hawaii have faced challenges due to COVID-19 restrictions [39]

Financial Data and Key Metrics Changes - The company reported a 36% year-over-year decrease in sales for Q2 2020, driven by lower sales in retail, restaurant, and wholesale channels, partially offset by a 52% increase in e-commerce sales [21][7] - Gross margin decreased to 55% from 60% in the same quarter last year, attributed to more promotional activities and inventory markdowns [22] - The company ended the quarter with a strong liquidity position, having over $30 million in net cash and over $250 million available under its credit facility [20][25] Business Line Data and Key Metrics Changes - E-commerce sales increased by 52% year-over-year, with Lilly Pulitzer showing a remarkable 142% growth [7][8] - The wholesale channel, which represented approximately 30% of revenue in 2019, saw sales in Q2 drop to less than half of the previous year's figures [17] - The company plans to close approximately 10 underperforming locations by the end of 2020, while also opening new Marlin bars [13][14] Market Data and Key Metrics Changes - Key markets such as Hawaii, Las Vegas, and New York City faced significant challenges due to travel restrictions and reduced tourist traffic [11][55] - Conversely, drive-to markets like Destin, Florida, and Palm Springs showed strong performance as consumers opted for local vacations [56] Company Strategy and Development Direction - The company is focusing on enhancing its digital capabilities and e-commerce strategy, believing that the shift to online shopping will continue post-pandemic [10][6] - The management is selectively pruning underperforming locations while also exploring new store openings, particularly for the Marlin bar concept [12][14] - The company aims to return to growth and resume its long-term track record of generating increased shareholder value in 2021 and beyond [20] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the pandemic but expressed optimism about the company's ability to adapt and thrive in the current environment [6][20] - The outlook for Q3 suggests a continued decline in brick-and-mortar traffic, with expectations for revenue to decline at a rate similar to Q2 [26] - For 2021, the company plans to approach the year conservatively, anticipating a smaller starting point than 2019 but on a growth trajectory [42] Other Important Information - The company incurred $10 million in adjusted losses related to credit losses and inventory markdowns during the quarter [23] - The company declared a quarterly dividend of $0.25 per share, emphasizing its commitment to shareholders [27] Q&A Session Summary Question: Inventory health and markdown risk - Management indicated that inventory levels are slightly higher than ideal but properly marked down, with Tommy Bahama's inventory expected to return below last year's levels [30][31] Question: E-commerce acceleration permanence - Management believes the shift to e-commerce is likely to be long-term, with expectations for e-commerce to be a significantly larger portion of the business in 2021 compared to 2019 [38][39] Question: Outlook for 2021 - Management plans conservatively for 2021, expecting it to be smaller than 2019 but on a growth trajectory [42] Question: Performance across geographies - Hawaii is currently shut down due to travel restrictions, while drive-to markets like Destin and Palm Springs are performing well [55][56] Question: Promotional environment in Q3 - Management plans a smaller flash sale for Lilly in Q3 compared to previous years, with an overall strategy to manage inventories without being highly promotional [60]

Oxford Industries, Inc. (NYSE:OXM) Q1 2020 Earnings Conference Call June 10, 2020 4:30 PM ET Company Participants Anne Shoemaker - VP, Capital Markets & Treasurer Thomas Chubb - Chairman, CEO & President Scott Grassmyer - EVP, Finance, CFO & Controller Conference Call Participants Rakesh Patel - Needham & Company Edward Yruma - KeyBanc Capital Markets Susan Anderson - B. Riley FBR Steven Marotta - CL King & Associates Dana Telsey - Telsey Advisory Group Operator Greetings, and welcome to Oxford Industries F ...

Oxford K AL 2019 RESULTS FISC CONSOLIDATED REVENUE Retail 39% $1.13B GROSS MARGIN 57.4% / 57.6%ADJ OPERATING MARGIN 8.3% / 8.8% ADJ EPS $4.05 / $4.32 ADJ E-Commerce 23% Restaurant 8% Tommy Bahama 60% Lilly Pulitzer 25% Lanier Apparel 9% Southern Tide 4% Wholesale 30% O TLO U AL 2020 O FISC DUE TO THE UNCERTAINTY CREATED BY THE COVID-19 PANDEMIC, THE COMPANY IS NOT PROVIDING A FINANCIAL OUTLOOK FOR FISCAL 2020 AT THIS TIME | --- | --- | |-----------------------|-------------------| | | | | OWNED BRANDS | | | ...

Oxford Industries, Inc. (NYSE:OXM) Q4 2019 Earnings Conference Call March 26, 2020 4:30 PM ET Company Participants Anne Shoemaker - Treasurer Tom Chubb - Chairman and CEO Scott Grassmyer - CFO Conference Call Participants Tracy Kogan - Citi Rick Patel - Needham & Company Ed Yruma - KeyBanc Capital Markets Susan Anderson - B. Riley FBR Operator Greetings and welcome to the Oxford Industries Fourth Quarter 2019 Earnings Call. [Operator Instructions] I would now like to turn the conference over to your host, A ...

Financial Data and Key Metrics Changes - The third quarter generated a 6% positive comparable sales increase, building on a 7% gain from the previous year, with earnings at the high end of guidance [8][14] - Operating income was slightly better than planned at $2.7 million, resulting in earnings at the high end of the range for the quarter [15] - Cash flow remained strong, with no borrowings under the $325 million credit facility and $22 million in cash compared to $7 million last year [16] - Inventory increased to $154 million from $138 million last year, reflecting an 8% increase on a FIFO basis [16] Business Line Data and Key Metrics Changes - Lilly Pulitzer and Tommy Bahama each posted a 6% comparable sales gain in the quarter, with positive comps in both stores and e-commerce [14] - Gross margin at Lilly Pulitzer expanded at both direct-to-consumer and wholesale, while Tommy Bahama experienced a decrease due to a higher proportion of off-price wholesale sales [15] Market Data and Key Metrics Changes - Fourth quarter sales are tracking slightly behind previous forecasts, with a mid-single-digit comp increase moderated to a low-single-digit increase [17] - Lilly Pulitzer has shown strength in direct-to-consumer channels, while Tommy Bahama's performance has lagged expectations [17] Company Strategy and Development Direction - The company is focused on operating a powerful portfolio of lifestyle brands and emphasizes full-price, direct-to-consumer channels to drive shareholder value [12] - New store openings are being strategically tested, including a smaller format store for Lilly Pulitzer in Siesta Key, aimed at capturing local market opportunities [10][71] Management's Comments on Operating Environment and Future Outlook - Management noted that the holiday season has been challenging to plan due to a later Thanksgiving and fewer shopping days, but they remain confident in the potential for a solid fourth quarter [12][17] - The company expects to mitigate the impact of tariffs by the second half of fiscal 2020 through various initiatives [21][75] Other Important Information - The Board of Directors approved a quarterly cash dividend of $0.37 per share, continuing a history of quarterly dividends since 1960 [22] - Capital expenditures for fiscal 2019 are expected to be approximately $40 million, reflecting investments in IT, new retail stores, and remodeling existing locations [20] Q&A Session Summary Question: Follow-up on lighter sales for the fourth quarter - Management confirmed that the sales moderation is due to both Tommy Bahama's direct-to-consumer and wholesale channels, with Lilly performing well [28][30] Question: Performance across product categories at Tommy Bahama - Women's products are performing well, while men's sales are lagging, but management expects to make up ground as the holiday season progresses [32] Question: Drivers of comparable sales in DTC businesses - The primary driver of comparable sales is improved conversion rates rather than significant changes in average unit retail or traffic [40] Question: Update on omni-channel initiatives - The company has implemented an Enterprise Order Management System for Tommy Bahama and a curbside pickup option for Lilly Pulitzer, enhancing customer experience [44][45] Question: Efficiency of recent promotions - Promotions were simplified during the busy holiday period, yielding positive results with minimal margin dilution [54][56] Question: Quality of inventory and exit strategy for the quarter - Management feels confident about inventory quality, with key items well-stocked compared to the previous year [58] Question: Guidance for the upcoming holiday season - Management has baked in some improvement in guidance, expecting a bounce back during the Christmas season [65][66] Question: Performance of new Marlin Bars - The two Marlin Bars opened are performing well, with additional locations planned for the next year [77]