American clothing company Oxford Industries has reported a 4 per cent growth in Q3 fiscal 2023 net sales to $327 million compared to the same period in fiscal 2022.
Full-price direct-to-consumer (DTC) sales increased 9 per cent, reaching $194 million.
Gross margin was 62.9 per cent on a GAAP basis, and adjusted gross margin expanded to 64 per cent.American clothing company Oxford Industries has reported a 4 per cent growth in Q3 fiscal 2023 net sales to $327 million compared to the same period in fiscal 2022.
Full-price direct-to-consumer (DTC) sales increased 9 per cent, reaching $194 million.
Gross margin was 62.9 per cent on a GAAP basis, and adjusted gross margin expanded to 64 per cent.
