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Oxford Industries shares drop after outlook cut tied to Lilly Pulitzer

Oxford Industries shares slid 19% to $29.80 in after-hours Thursday after cutting its outlook, citing challenges in its Lilly Pulitzer brand.

OXM

By Katherine HamiltonOxford Industries shares fell after the company cut its outlook, citing challenges in its Lilly Pulitzer brand.Shares slid 19% to $29.80 in after-hours trading Thursday.

Through the close, shares were up 2% this year.The apparel company said it now expects annual revenue to be…