Oxford Industries, Inc. (NYSE:OXM) Q1 2022 Earnings Conference Call June 8, 2022 4:30 PM ET

Company Participants

Jevon Strasser - Investor Relations

Tom Chubb - Chairman and Chief Executive Officer

Scott Grassmyer - Chief Financial Officer and Chief Operating Officer

Conference Call Participants

Dana Telsey - Telsey Advisory Group

Susan Anderson - B. Riley

Tracy Kogan - Citigroup

Operator

Greetings. Welcome to the Oxford Industries, Inc. First Quarter Fiscal 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] Please note this conference is being recorded. I will now turn the conference over to your host, Jevon Strasser. You may begin.

Jevon Strasser

Thank you and good afternoon. Before we begin, I would like to remind participants that certain statements made on today’s call and in the Q&A session may constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are not guarantees and actual results may differ materially from those expressed or implied in the forward-looking statements. Important factors that could cause actual results of operations or our financial condition to differ are discussed in our press release issued earlier today and in documents filed by us with the SEC, including the risk factors contained in our Form 10-K. We undertake no duty to update any forward-looking statements.

During this call, we will be discussing certain non-GAAP financial measures. You can find a reconciliation of non-GAAP to GAAP financial measures in our press release issued earlier today, which is posted under the Investor Relations tab of our website at oxfordinc.com.

And now, I’d like to introduce today’s call participants. With me today are Tom Chubb, Chairman and CEO and Scott Grassmyer, CFO and COO. Thank you for your attention. And now, I’d like to turn the call over to Tom Chubb.

Tom Chubb

Good afternoon and thank you for joining us. We are pleased to be reporting an incredibly strong start to fiscal 2022. Scott will provide additional detail in a moment, but here are some of the highlights. Before I jump in, I want to pause to thank our incredible team for all that they do. Five consecutive quarters of record earnings do not happen on their own. Each of our happy upbeat lifestyle brands, Tommy Bahama and Lilly Pulitzer as well as Southern Tide, The Beaufort Bonnet Company and Duck Head, which comprise our newly designated emerging brands group, achieved exceptional results in the first quarter of 2022. All three operating groups posted strong sales and operating profit growth over 2021.