Oxford Industries, Inc. (OXM): After the bell on Tuesday, Oxford Indust...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	22
Posts	412
Boards Moderated	1
Alias Born	04/14/2013

free_bee

Re: None

Thursday, 09/12/2013 7:20:00 PM

Thursday, September 12, 2013 7:20:00 PM

After the bell on Tuesday, Oxford Industries (OXM) announced its second quarter earnings, posting a 14% increase in net sales from last year’s same quarter.

The Atlanta, GA-based apparel company announced second quarter consolidated net sales of $235 million, which were up from last year’s Q2 figure of $206.9 million. The company’s EPS, on an adjusted basis, came in at $1.01, a 55% increase from last year’s 65 cents.

Oxford Industries beat analysts’ Q2 EPS estimates of 98 cents, but missed the analyst revenue consensus of $243.5 million.

Looking forward to full-year 2013, Oxford Industries lowered its EPS guidance to a range of $2.90 to $3.05. This comes in below the analysts’ consensus of $3.12.

OXM shares were up 86 cents, or 1.33%, at the end of trading on Tuesday. YTD the stock is up more than 40%.

The Bottom Line

Shares of Oxford Industries (OXM) have a yield of 1.11% based on Tuesday’s closing price of $64.72 and the company’s annualized payout of 72 cents.

http://www.dividend.com/news/2013/oxford-industries-posts-higher-q2-net-sales-eps-beats-eps-estimates-oxm/

If I want to find growth stocks, I use google alert and I put keywords such as "gross margin increase" or "revenue increased more than" or "EPS increased". For value stocks, I can use "significantly less than book value" or "Ben Graham stock" or "Buffett