Oxford Industries Inc (OXM)

Gross profit margin

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Gross profit (ttm)	US$ in thousands	995,585	981,912	974,187	937,607	888,855	833,689	788,533	766,010	706,218	648,876	592,607	487,718	415,207	461,473	498,184	573,272	644,967	642,976	639,275	638,747
Revenue (ttm)	US$ in thousands	1,573,231	1,553,886	1,540,289	1,483,400	1,414,128	1,332,629	1,267,325	1,232,567	1,145,748	1,063,530	990,936	854,252	748,833	826,062	892,148	1,002,160	1,123,790	1,123,729	1,116,170	1,116,811
Gross profit margin		63.28%	63.19%	63.25%	63.21%	62.86%	62.56%	62.22%	62.15%	61.64%	61.01%	59.80%	57.09%	55.45%	55.86%	55.84%	57.20%	57.39%	57.22%	57.27%	57.19%

February 3, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $995,585K ÷ $1,573,231K
= 63.28%

The gross profit margin of Oxford Industries Inc has shown a generally positive trend over the past several reporting periods. It has consistently remained above 60%, indicating that the company is effectively managing its production costs and generating strong revenues from its sales.

There was a slight increase in the gross profit margin from 61.64% in January 2022 to 63.28% in February 2024, showing improved profitability. This upward trend suggests that the company may have implemented cost-saving measures or experienced an increase in sales volumes during this period.

Overall, the increasing trend in the gross profit margin indicates that Oxford Industries Inc is efficiently controlling its cost of goods sold and achieving higher margins on its products, which is a positive sign for the company's financial performance and potentially its overall competitiveness in the market.