11:49 am Oxford Industries (OXM)
Oxford Industries (OXM) is jumping nearly 20% today after reporting strong Q4 (Jan) earnings results. But probably more important was the company finally announcing it will pursue a sale for its struggling Ben Sherman line. OXM also announced a 19% dividend increase. Let's take a closer look.
You may not be familiar with Oxford Industries, but you probably know its brands. It sells apparel bearing the trademarks of its owned and licensed brands. Oxford's largest brand at about two-thirds of revenue is Tommy Bahama. Other key brands include …More