• Oxford Industries: Q4 comparable sales increase 4 percent

    3 days ago - By Fashion United

    Oxford Industries, Inc. reported decrease in consolidated net sales to 297.6 million dollars in the fourth quarter compared to 298.5 million dollars in the fourth quarter of fiscal 2018, while comparable sales increased 4 percent. Earnings on a GAAP basis were 90 cents per share in the quarter compared to 99 cents per share in the same period of the prior year, while the company said, adjusted earnings increased to 1.09 dollars per share from 1.08 dollar per share in the fourth quarter of fiscal 2018.
    Commenting on the results, Thomas C. Chubb III, the company's Chairman and Chief...
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  • Lululemon posts 20 percent rise in Q4 sales

    3 days ago - By Fashion United

    Lululemon Athletica Inc., for the fourth quarter ended February 2, 2020 reported net revenue of 1.4 billion dollars, an increase of 20 percent, with total comparable sales also increasing by 20 percent. The company said in a statement that comparable store sales increased 9 percent, while direct to consumer net revenue increased 41 percent. For the fiscal year net revenue was 4 billion, an increase of 21 percent, while on a constant dollar basis, net revenue increased 22 percent. Total comparable sales increased 17 percent for the year with 18 percent rise on a constant dollar basis. The...
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