Oxford Industries Reports 89 percent Increase in Earnings
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The company said it now expects fiscal 2010 earnings of $1.70 to $1.80 on revenue of $790 million to $805 million. That was up from an earlier forecast of $1.40 to $1.50. Analysts expect 2010 earnings of $1.53.
For the fiscal second quarter, Oxford Industries foresees earnings per share between 30 cents to 35 cents on sales of $175 million to $185 million.
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