Oxford Sees Q3 Adj. EPS $0.00-$0.20, Net Sales $310M-$325M; Sees FY24 Net Sales $1.51B-$1.54B, Adj. EPS $7-$7.30
Portfolio Pulse from Benzinga Newsdesk
Oxford Industries projects Q3 adjusted EPS between $0.00 and $0.20, with net sales ranging from $310 million to $325 million. For FY24, the company anticipates net sales of $1.51 billion to $1.54 billion and adjusted EPS of $7 to $7.30.
September 11, 2024 | 8:08 pm
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Oxford Industries has provided guidance for Q3 and FY24, with Q3 adjusted EPS expected between $0.00 and $0.20, and net sales between $310M and $325M. FY24 projections include net sales of $1.51B to $1.54B and adjusted EPS of $7 to $7.30.
The guidance for Q3 shows a wide range for EPS, indicating uncertainty in short-term profitability. However, the FY24 outlook suggests stable growth with a solid EPS range. This mixed guidance may lead to neutral short-term stock movement as investors digest the information.
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