Oxford Industries Inc (OXM)

Net 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
Net income (ttm)	US$ in thousands	60,703	152,822	161,706	166,865	165,735	159,094	165,413	160,261	131,321	93,696	57,107	-440	-95,692	-68,143	-55,871	-19,948	68,493	69,840	70,033	67,381
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
Net profit margin		3.86%	9.83%	10.50%	11.25%	11.72%	11.94%	13.05%	13.00%	11.46%	8.81%	5.76%	-0.05%	-12.78%	-8.25%	-6.26%	-1.99%	6.09%	6.22%	6.27%	6.03%

February 3, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $60,703K ÷ $1,573,231K
= 3.86%

The net profit margin of Oxford Industries Inc has fluctuated over the past few quarters. From May 2020 to February 2023, the net profit margin ranged between -1.99% to 13.05%, indicating varying levels of profitability. However, there was a significant decline in profitability in the quarter ending January 30, 2021, where the net profit margin dropped to -12.78%, reflecting a period of financial challenges for the company.

It is notable that the net profit margin improved significantly in the subsequent quarters, reaching a peak of 13.05% in July 30, 2022. This upward trend demonstrates the company's ability to enhance its profitability performance and operational efficiency.

Overall, the average net profit margin for Oxford Industries Inc over the observed period appears to be around 6.71%. The fluctuations in the net profit margin reflect the company's ongoing efforts to manage costs, optimize revenue streams, and drive profitability in a competitive environment. Further analysis of the underlying factors influencing these fluctuations would provide a more in-depth understanding of the company's financial performance.