Oxford Industries, Inc. · NYSE:OXM
Oxford Industries — ICR Conference 2017
24 slides from Oxford Industries's conference presentation, Jan 9, 2017
Slide 1: ICR Conference 2017
www.oxfordinc.com ICR Conference 2017
Slide 2: Introduction
Thomas C. Chubb III Chairman, Chief Executive Officer and President INTRODUCTION
Slide 3: Safe Harbor
Safe Harbor This presentation includes statements that constitute forward-looking statements within the meaning of the federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will" and similar expressions identify forward-looking statements,
Slide 4: Our Mission
OUR MISSION To maximize long-term shareholder value
Slide 5: Key Success Drivers
KEY SUCCESS DRIVERS Focus on long-term shareholder value Best people in the industry Dynamic portfolio of brands approach
Slide 6: Dynamic Portfolio of Lifestyle Brands: Acquisitions and Divestitures
Acquired Tommy Bahama Acquired Ben Sherman Acquired Lilly Pulitzer Acquired Southern Tide Divested Private Label Women’s Business Divested Ben Sherman Divested Private Label Men’s Business 2003 2004 2006 2010 2015 2016 WE ACHIEVED THESE RESULTS BY MANAGING A DYNAMIC PORTFOLIO OF LIFESTYLE BRANDS
Slide 7: What We Have Delivered: Total Shareholder Return 2003–2016
WHAT WE HAVE DELIVERED GROWTH AND PROFITABILITY Total Shareholder Return 2003 – 2016 OXFORD S&P 500 510% 239%
Slide 8: What We Have Delivered: Growth and Profitability
WHAT WE HAVE DELIVERED GROWTH AND PROFITABILITY
Slide 9: Our Portfolio Today
Non-GAAP pro forma fiscal 2015 revenue, which includes $38 million of sales from the Southern Tide business operations that we acquired during the first quarter of fiscal 2016, as if we had acquired those operations on the first day of our 2015 fiscal year. See slide 3 under “Non-GAAP Financial Info
Slide 10: Tommy Bahama
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Slide 11: Lilly Pulitzer
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Slide 12: Lilly Pulitzer
Slide 13: Southern Tide
EP SOUTHERN TIDE
Slide 14: Lanier Apparel
LANIER APPAREL
Slide 15: Our Strategy for Future Growth and Profitability
Our Strategy for Future Growth and Profitability To own, develop and use powerful, emotional brands to drive sustained, profitable growth
Slide 16: Capital to Support Growth: Debt Capacity
CAPITAL TO SUPPORT GROWTH – Debt Capacity $325 million Revolving Credit Facility $133 million of Availability (at 10-29-16) $100 million Accordion Feature Total Debt to EBITDA < 1 Access to Capital Markets
Slide 17: Capital to Support Growth: Strong Cash Flow
CAPITAL TO SUPPORT GROWTH – Strong Cash Flow Priorities for Cash • Investing in businesses we own • Paying a dividend to shareholders • Carefully vetted acquisitions • Debt reduction (in 000's) Fiscal 2014 Fiscal 2015 Cash Flow from Operations 95,409 105,373 Capital Expenditures 50,355 73,082 Divide
Slide 18: Growth: Investing in Brands We Own: Digital
GROWTH: Investing in Brands We Own DIGITAL • E-commerce • Mobile • Digital Marketing
Slide 19: Growth: Omni-Channel Fulfillment
GROWTH: Investing in Brands We Own OMNI-CHANNEL FULFILLMENT Satisfying Customer Demand Regardless of Origin Ongoing Upgrades and Enhancements to: • Facilities • Warehouse Management Systems • Order Management Systems • Planning and Allocation Systems • POS • E-commerce Platform
Slide 20: Growth: Bricks and Mortar
GROWTH: Investing in Brands We Own BRICKS AND MORTAR • New, Smaller Concepts • F&B, Entertainment • Deliver the Brand Experience
Slide 21: Growth: Carefully Vetted Acquisitions
GROWTH: Carefully Vetted Acquisitions Brands with: • Powerful Emotional Connection • Clean Wholesale Distribution • DTC Opportunity • Strong Management Team Will consider: • Apparel and Accessories • Men’s and Women’s • Smaller Brands
Slide 22: Holiday Update
HOLIDAY UPDATE December traffic and sales consistent with expectations
Slide 23: Response to Changing Marketplace
RESPONSE TO CHANGING MARKETPLACE Exploit already strong e-commerce presence Continue conservative bricks and mortar strategy Assess clearance and outlet approach Manage exposure to department stores
Slide 24: www.oxfordinc.com
www.oxfordinc.com