Tuesday, June 5, 2007

Oxford Industries lowers its Q4 outlook

(Reuters) - Due to the challenging sales environment, the Atlanta-based company said it now sees fourth-quarter net sales landing in the lower half of its previously issued forecast range of $285 million to $295 million.



Oxford also said it sees fourth-quarter earnings from continuing operations ranging between $1.00 and $1.05 a share, down from its earlier forecast of $1.07 to $1.14 a share.


Read more at Reuters.com Market News

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