By  on September 11, 2019

Thomas C. Chubb III, chairman and chief executive officer of Oxford Industries, crowed over his company’s second-quarter results — but the U.S.-China trade war also forced the company to moderate its outlook for the year.

“As we move into the second half of 2019, the fundamentals of our business remain strong,” Chubb said. “We continue to focus on executing our growth strategies while working to minimize the impact of additional tariffs on both our consumers and our financial results. While we have revised our outlook for the year to reflect the estimated increase in cost of goods associated with these tariffs on the back half of the year, we are still on track to deliver solid results in 2019 with confidence in the strength of our brands and our talented and dedicated people.”

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