Oxford Industries Inc Q4 2023 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Janine Stichter - BTIG - Analyst : Good afternoon and thanks for taking my question and thank you for all the color on this. The health of the consumer and the state of the consumer was hoping you could elaborate a little bit more on what you saw in January and February into March? And curious if you saw any variance by brand, I think also curious if you think weather played any role or what's driving the improvement into March. Thank you.

Question: Janine Stichter - BTIG - Analyst : Great and then just on the wholesale side of things. I mean, you talked about wholesale being down in Q1 and then turning positive in Q2, I'm trying to understand, is that pretty consistent with how you had been thinking about it? I'm just curious if you're seeing any change in tone from your wholesale partners or if that's similar to how you've been thinking about it before?

Question: Janine Stichter - BTIG - Analyst : Thanks so much and best of luck.

Question: Mauricio Serna - UBS - Analyst : Great. Good afternoon and thanks for taking my question. I just wanted to get a little bit more detail on the quarterly trend you mentioned. You know, February started soft March got better. Maybe you could tell us like quarter to date by car, the DTC comp sales trending and what is like for your for your full year sales guidance expectation? What are the implied DTC comp sale? And then maybe you talked about the gross margin drivers in all being essentially like a positive sales mix shift. Anything that you can tell us about your expectations on promotions? And then just lastly, if you could elaborate a little bit more about the Jack Rogers acquisition. You know, what prompted you to to buy the brand, like any like the new overview of about the brand like the size of the business. You talked about the impact on on the operating profit, but maybe when you think about the top line, it will be very helpful. Thanks.

Question: Mauricio Serna - UBS - Analyst : Great and in terms of promotions,

Question: Mauricio Serna - UBS - Analyst : Understood. Thank you very helpful.

Question: Ashley Owens - KeyBanc Capital Markets - Analyst : Hi, thanks for taking the question And I guess just to start, you know, you talked a little bit about promotions already, but I'm just curious as to how you're thinking about kind of the calendar from promotions relative, you know, we've talked a little bit about Lilly and the focus there and some of the shifts that we're seeing in 1Q into 2Q So would just be curious, Tennant, I hear how that's shaking out for your other brands and if you're planning for any material shift? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MARCH 28, 2024 / 8:30PM, OXM.N - Q4 2023 Oxford Industries Inc Earnings Call

Question: Ashley Owens - KeyBanc Capital Markets - Analyst : Okay, great and then I guess just kind of to follow up on that again, a lot of guidance and color kind of on that 1Q, but also from just going into 2Q. So just thinking about the overall guide for the top line as we move there through the remainder of the year? Any help you could provide kind of on the shaping there when we're factoring in some of the moving pieces that we're seeing would be helpful.

Question: Ashley Owens - KeyBanc Capital Markets - Analyst : Okay, great. Thank you.