Oxford Industries’ Q3 net sales improve 6 percent

Oxford Industries’ consolidated net sales in the third quarter of fiscal 2017 increased 6 percent to 236 million dollars, while comparable sales were up 4 percent. The company said, earnings on a GAAP basis were 0.06 dollar per share compared to a loss of 0.10 dollar in the same period of the prior year. On an adjusted basis, earnings were 0.17 dollar per share compared to a loss of 0.07 dollar in the third quarter of fiscal 2016.