By  on December 4, 2012

Oxford Industries Inc. missed profit estimates in the third quarter and cut its outlook for the year, citing weakness at Ben Sherman.

Net earnings increased 85.3 percent to $3 million, or 18 cents a share, from $1.6 million, or 10 cents, a year ago. Excluding special charges, earnings rose to 19 cents a share, but fell 2 cents shy of the 21 cents analysts projected.

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