8-KThe WireRoutine
Reg FD Disclosure
Filed Jan 9, 2023 · 3y ago · Accession 0001171843-23-000155
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
FORM 8-K
CURRENT REPORT
Pursuant to Section
13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date
of earliest event reported): January 9, 2023
Oxford Industries, Inc.
(Exact name of registrant
as specified in its charter)
Georgia
001-04365
58-0831862
(State or other jurisdiction of
incorporation)
(Commission File Number)
(IRS Employer Identification
No.)
999 Peachtree Street , N.E. , Suite 688 , Atlanta , GA
30309
Address of principal executive offices)
(Zip Code)
Registrant’s telephone
number, including area code (404)
659-2424
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
( see General Instruction A.2. below):
☐ Written communications pursuant to
Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant
to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant
to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $1 par value
OXM
New York Stock Exchange
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 7.01 Regulation FD Disclosure.
As announced by Oxford Industries, Inc. (the “Company”)
in its press release on December 28, 2022, the Company will be presenting at the ICR Conference 2023. The Company’s presentation
is scheduled to begin at 3:00 p.m., Eastern time, on January 9, 2023 and will be webcast on the Company’s website at www.oxfordinc.com.
In connection with the presentation and related
meetings with analysts and investors, the Company is announcing, among other things, that its performance during the Holiday selling season
and early portion of the Resort selling season has been strong; as a result, the Company expects to finish the 2022 fiscal year, which
ends on January 28, 2023, towards the top end of its previously issued sales and earnings guidance for the year, which was published by
the Company in its press release issued on December 7, 2022. A copy of the Company’s press releases can be found under the Investor
Relations tab of its website at www.oxfordinc.com.
In addition, the Company is furnishing as Exhibit
99.1 hereto a copy of the presentation materials that will be displayed during its presentation at the ICR Conference.
The information contained in this Form 8-K (including
Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), or otherwise be subject to the liabilities of that section, nor shall it be incorporated by reference in
any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference
in such a filing.
Cautionary Statements Regarding Forward-Looking
Statements
This Current Report on Form
8-K includes statements that constitute forward-looking statements within the meaning of the federal securities laws. Generally, the words
“believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,”
“will” and similar expressions identify forward-looking statements, which are not historical in nature. We intend for all
forward-looking statements contained herein or on our website, and all subsequent written and oral forward-looking statements attributable
to us or persons acting on our behalf, to be covered by the safe harbor provisions for forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934 (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Such
statements are subject to a number of risks, uncertainties and assumptions including, without limitation, demand for our products, which
may be impacted by competitive conditions and/or evolving consumer shopping patterns; macroeconomic factors that may impact consumer discretionary
spending and pricing levels for apparel and related products, many of which may be impacted by current inflationary pressures, rising
interest rates or general economic uncertainty; acquisition activities (such as our recent acquisition of Johnny Was), including our ability
to integrate key functions, recognize anticipated synergies and minimize related disruptions or distractions to our business as a result
of these activities; the impact of the coronavirus (COVID-19) pandemic on our business, operations and financial results; supply chain
disruptions; costs and availability of labor and freight deliveries; costs of products as well as the raw materials used in those products;
energy costs; our ability to be more hyper-digital and respond to rapidly changing consumer expectations; the ability of business partners,
including suppliers, vendors, licensees and landlords, to meet their obligations to us and/or continue our business relationship to the
same degree in light of current or future staffing shortages, liquidity challenges and/or bankruptcy filings; retention of and disciplined
execution by key management and other critical personnel; cybersecurity breaches and ransomware attacks, as well as our and our third
party vendors’ ability to properly collect, use, manage and secure business, consumer and employee data; changes in international,
federal or state tax, trade and other laws and regulations, including the potential imposition of additional duties; the timing of shipments
requested by our wholesale customers; weather; fluctuations and volatility in global financial and/or real estate markets; the timing
and cost of retail store and food and beverage location openings and remodels, technology implementations and other capital expenditures;
store closures or other operating restrictions due to COVID-19, natural disaster or otherwise; expected outcomes of pending or potential
litigation and regulatory actions; the increased consumer, employee and regulatory focus on climate change and environmental, social and
governance issues; the regulation or prohibition of goods sourced, or containing raw materials or components, from certain regions and
our ability to evidence compliance; access to capital and/or credit markets; factors that could affect our consolidated effective tax
rate; the risk of impairment to goodwill and other intangible assets; and geopolitical risks, including those related to the war between
Russia and Ukraine. Forward-looking statements reflect our expectations at the time such forward-looking statements are made, based on
information available at such time, and are not guarantees of performance. Although we believe that the expectations reflected in such
forward-looking statements are reasonable, these expectations could prove inaccurate as such statements involve risks and uncertainties,
many of which are beyond our ability to control or predict. Should one or more of these risks or uncertainties, or other risks or uncertainties
not currently known to us or that we currently deem to be immaterial, materialize, or should underlying assumptions prove incorrect, actual
results may vary materially from those anticipated, estimated or projected. Important factors relating to these risks and uncertainties
include, but are not limited to, those described in Part I. Item 1A. Risk Factors contained in our Annual Report on Form 10-K for Fiscal
2021, Part II. Item 1A. Risk Factors contained in our Quarterly Report on Form 10-Q for the quarterly period ended October 29, 2022 and
those described from time to time in our future reports filed with the SEC. We caution that one should not place undue reliance on forward-looking
statements, which speak only as of the date on which they are made. We disclaim any intention, obligation or duty to update or revise
any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Item 9.01 Financial Statements and Exhibits .
(d) Exhibits.
Exhibit
Number
99.1
Oxford Industries ICR Conference 2023 Investor Presentation
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
OXFORD INDUSTRIES, INC.
January 9, 2023
/s/ Suraj A. Palakshappa
Name: Suraj A. Palakshappa
Title: Senior Vice President
Filing details
- Company
- OXFORD INDUSTRIES INC
- Ticker
- OXM
- CIK
- 75288
- Form type
- 8-K
- Filing date
- Jan 9, 2023
- Report date
- Jan 9, 2023
- Document
- f8k_010623.htm
- Size
- 6.5 MB