Latest news with #OXM
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a day ago
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Oxford Industries (OXM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Oxford Industries (OXM) reported $392.86 million in revenue for the quarter ended April 2025, representing a year-over-year decline of 1.3%. EPS of $1.82 for the same period compares to $2.66 a year ago. The reported revenue represents a surprise of +1.98% over the Zacks Consensus Estimate of $385.23 million. With the consensus EPS estimate being $1.82, the company has not delivered EPS surprise. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Oxford Industries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Emerging Brands: $34.20 million compared to the $33.70 million average estimate based on two analysts. The reported number represents a change of +3.6% year over year. Net Sales- Lilly Pulitzer: $99 million versus the two-analyst average estimate of $91.10 million. The reported number represents a year-over-year change of +12%. Net Sales- Tommy Bahama: $216.20 million versus the two-analyst average estimate of $214.30 million. The reported number represents a year-over-year change of -4.2%. Net Sales- Johnny Was: $43.50 million versus $46.10 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -15% change. View all Key Company Metrics for Oxford Industries here>>>Shares of Oxford Industries have returned -6.4% over the past month versus the Zacks S&P 500 composite's +6.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
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a day ago
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Oxford Industries: Fiscal Q1 Earnings Snapshot
ATLANTA (AP) — ATLANTA (AP) — Oxford Industries Inc. (OXM) on Wednesday reported fiscal first-quarter earnings of $26.2 million. The Atlanta-based company said it had net income of $1.70 per share. Earnings, adjusted for one-time gains and costs, came to $1.82 per share. The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.82 per share. The owner of the Tommy Bahama, Lilly Pulitzer and Southern Tide clothing lines posted revenue of $392.9 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $385.2 million. For the current quarter ending in July, Oxford Industries expects its per-share earnings to range from $1.05 to $1.25. The company said it expects revenue in the range of $395 million to $415 million for the fiscal second quarter. Oxford Industries expects full-year earnings in the range of $2.80 to $3.20 per share, with revenue ranging from $1.48 billion to $1.52 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on OXM at
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04-06-2025
- Business
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Oxford Industries (OXM) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Oxford Industries (OXM) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended April 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on June 11. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This owner of the Tommy Bahama, Lilly Pulitzer and Southern Tide clothing lines is expected to post quarterly earnings of $1.82 per share in its upcoming report, which represents a year-over-year change of -31.6%. Revenues are expected to be $385.23 million, down 3.3% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.97% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Oxford Industries, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.92%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination indicates that Oxford Industries will most likely beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Oxford Industries would post earnings of $1.28 per share when it actually produced earnings of $1.37, delivering a surprise of +7.03%. Over the last four quarters, the company has beaten consensus EPS estimates just once. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Oxford Industries appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Oxford Industries, Inc. (OXM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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29-05-2025
- Business
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Truist Securities Starts Coverage of Oxford Industries (OXM) Stock with $56.00 PT
On May 28, Truist Securities initiated coverage of Oxford Industries, Inc. (NYSE:OXM)'s stock with a "Hold" rating and a price target of $56. As per the firm, Oxford Industries, Inc. (NYSE:OXM), which owns brands like Tommy Bahama, Lilly Pulitzer, and Johnny Was, witnessed pressure on sales and margin trends. As per the analyst, macro volatility and pressure on the department store channel were some of the headwinds that resulted in a downside in fiscal 2024. Also, such dynamics seem unlikely to significantly improve in the near future because of uncertainties. Therefore, the firm stated that the potential for recovery in Tommy Bahama is limited. A woman shopping in one of the company's retail stores, searching for the perfect item. Oxford Industries, Inc. (NYSE:OXM)'s consolidated net sales for FY 2024 (52 weeks) declined 3% to $1.52 billion as compared to $1.57 billion in FY 2023 (53 weeks). The company acknowledged that challenging trends, which were seen in January and also accelerated into February, give some idea for H1 2025. Oxford Industries, Inc. (NYSE:OXM) projects net sales of between $1.49 billion - $1.53 billion as compared to net sales of $1.52 billion in FY 2024. As the company moved into January, it saw a demand moderation, which is because of a deterioration in consumer sentiment. Resultantly, January was not as strong as December, with comps down 3%. Oxford Industries, Inc. (NYSE:OXM) is an apparel company that is engaged in designing, sourcing, marketing, and distributing lifestyle products. While we acknowledge the potential of OXM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than OXM and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None.
Yahoo
14-05-2025
- Business
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Oxford Industries, Inc. (OXM): One of the Underperforming Stocks Targeted By Short Sellers
We recently published a list of . In this article, we are going to take a look at where Oxford Industries, Inc. (NYSE:OXM) stands against other underperforming stocks targeted by short sellers. Short interest refers to the percentage of publicly available shares that have been sold short. It is an indicator used by many investors to determine how strong a company's bear thesis may be. Due to the nature of short selling, the short interest has become a popular indicator among investors. The reason it is given so much weightage is that people betting against a stock have usually done solid research and are confident of a company's downfall. They take unlimited risk, so when big investors or the smart money shorts a stock, people take notice. They try to unearth the red flags that may have prompted the high short interest. We decided to dig deeper and try to find out where smart money sees trouble ahead. To come up with our list of 20 underperforming stocks targeted by short sellers, we looked at the worst-performing stocks of the last six months and then ranked them by the short interest. A woman shopping in one of the company's retail stores, searching for the perfect item. Short interest: 18.64% 6 months' performance: -32.04% Oxford Industries, Inc. (NYSE:OXM) operates as an apparel company. The company markets, designs, sources, and sells lifestyle products. It provides women's and men's sportswear and related products. It sells its products under the Tommy Bahama brand. After reporting disappointing Q4 results and issuing lower-than-expected guidance, Oxford Industries (NYSE:OXM) was downgraded by Citi to Sell. As a result, shares fell by 14.4% to a new 52-week low of $53.85. The company recorded a 3.3% year-over-year revenue decline during the fourth quarter. Operating and gross margins also contracted significantly. Operating margins were down by approximately 460 basis points, marking a notable decline. Based on the earnings, the management presented weak guidance for FY 2025. As per the guidance, comparable sales are projected to drop by 2% to 4%. On the back of reduced consumer spending, the challenging trends are likely to continue. CEO Tom Chubb warned: We believe the challenging trends experienced in January that accelerated into February are likely an indicator of what we can expect in the first half of fiscal 2025. Overall, OXM ranks 4th on our list of underperforming stocks targeted by short sellers. While we acknowledge the potential of OXM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than OXM but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
