NEW YORK — Cost cuts offset an expected sales decline to allow Oxford Industries Inc. to record bottom-line gains during its first quarter.

For the three months ended Aug. 30, the Atlanta-based apparel manufacturer recorded a 44.2 percent jump in net income to $4.5 million, or 60 cents a diluted share. That compares with last year’s profits of $3.1 million, or 42 cents.

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