Latest news with #TommyBahama
Yahoo
6 days ago
- Business
- Yahoo
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
Yahoo
29-05-2025
- Business
- Yahoo
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.
Fox News
23-05-2025
- Lifestyle
- Fox News
Find this summer's swimsuit during Memorial Day sales at Old Navy, Nordstrom, Macy's, Athleta
Memorial Day deals on swimwear are here, making it the perfect time to put together your poolside or beach trip look! Old Navy, Nordstrom, and Macy's are just a few of the retailers running Memorial Day sales this weekend that have some great swimsuit deals. This year, modest swimsuits are a big hit, with more women actively seeking styles that offer increased coverage and comfort. Look for popular options like rash guards, which are long-sleeve tops providing UV protection and extra coverage. Swim shorts and skirts are great for activities like beach volleyball or paddleboarding, while high-waisted bottoms offer flattering tummy coverage. You'll also find a wide range of one-piece swimsuits with various coverage options and versatile tankinis for customized mix-and-match looks. And for a feminine touch, consider swim dresses designed to resemble actual dresses. Rash guards offer key benefits like UV protection (often with a UPF 50+ rating), superior durability against saltwater, chlorine and repeated use, and moisture-wicking and quick-drying properties. Original price: $39.99 This long-sleeved rash guard from Old Navy features a crewneck and geometric print. It comes with built-in sun protection to keep you safe from harmful sunrays. It is fitted and hits just below the waist. Customer reviews say this top fits loose and is well-made. Original price: $118 This long-sleeve rashguard from Tommy Bahama features a pretty floral print against an ocean blue backdrop. The top, on sale at Macy's, has long sleeves with thumb pull-throughs for extra manageability in the water and hits right below the waist. Buy it with matching bottoms for the complete look. Original price: $68.93 This Land's End long sleeve relaxed UPF 50 rash guard is soft and incredibly lightweight. It is designed to be worn over your swimsuit top. Wear it while you swim as a colorful cover-up when the air turns cooler or if you're just looking to shade your skin. Plus, it provides UPF 50 protection against harmful UV rays. Original price: $69 This rashguard, in a trendy butter-yellow shade, hits just at the midriff for a sporty look. The shirt features underarm gussets for a guaranteed comfortable fit that offers full-range mobility. Use it for swimming, surfing, stand-up paddle boarding and all water sports. Original price: $78 The Coolibar Coco crew neck rash guard is form-fitting and slightly cropped, with a crew neck and thumbholes. It's designed to provide UPF50+ sun protection and features comfortable, moisture-wicking fabric. Use it for swimming, surfing and other water sports, or wear it as a standalone top or under a wetsuit. High-waisted bottoms create a chic silhouette and provide tummy control. Choose from vibrant prints, classic solids or playful patterns. Original price: $79.95 The Sea Level Belle Paneled High Waisted Bikini Bottoms from Nordstrom feature a high waist, a paneled design and moderate coverage. The bottoms sit higher at the waist, offering a flattering and supportive fit. They offer a moderate level of back coverage, providing a balance between style and comfort. Original price: $22.99 Old Navy's Matte high-waisted bikini swim bottoms are high-waisted with a matte finish. They offer full coverage and are made from comfortable, quick-drying material with built-in UPF sun protection. The bottoms have an elasticized waistband and leg openings. They come in a range of sizes from extra small to plus size. Original price: $64.95 The Land's End smoothing control high-waisted bikini bottoms, available at Macy's, flatter every type of body thanks to the high waist style and leg opening, which makes the legs look longer. These bottoms are constructed with durable, chlorine-resistant UPF 50 fabric. Plus, they have a light level of tummy control. Original price: $54.95 Gap's high-rise bikini bottom is designed with a high-waisted cut and sits higher on the hips than a traditional bikini bottom for more coverage and a more secure fit. The fit is generous, and the bikini comes in a fun tropical print. Find a stylish one-piece swimsuit on sale this Memorial Day. Retailers currently feature fantastic deals on various styles, from classic silhouettes that offer timeless elegance to trendy designs with unique cutouts, bold prints or sophisticated details. Original price: $98 Anne Cole mesh-inset one-piece swimsuit features mesh detailing, which adds a trendy and sheer element to this swimsuit. The suit has full bottom coverage and a comfortable, flattering fit. This black swimsuit is elevated and classy. Original price: $120 The La Blanca lace-up underwire one-piece swimsuit at Nordstrom features a keyhole detail at the front and a lace-up design for a flattering silhouette. It has underwire support for a more secure and comfortable fit, removable cups and adjustable straps. The suit also has a slim fit (shirred body) and moderate rear coverage. Original price: $49.99 Old Navy's Matte one-piece zip swimsuit features a zipper closure on the front and cap sleeves. It's designed for activities like surfing or swimming and has built-in UPF sun protection. The suit is made with recycled polyester and spandex. Original price: $88 Anne Cole twist-front one-piece swimsuit is designed with a flattering cut and ruched sides. This bandeau swimsuit has removable straps and built-in cups for secure support. The fit is comfortable and stylish. Swimdresses have gained popularity as a fashionable and comfortable alternative to traditional swimsuits. They offer extra coverage and a flattering silhouette. Choose this swimsuit if you want an option that offers more coverage than traditional bikinis or one-piece suits. Original price: $144.95 Lands' End Mesh V-neck Mini Swim Dress is a one-piece swimsuit with a mini dress style. It features a V-neckline and mesh details for a touch of style and a flattering silhouette. The built-in one-piece offers good coverage while also providing a stylish look for the beach or pool. Original price: $59.99 The matte side-tie swim dress from Old Navy is a one-piece swimsuit with a dress-like skirt that features matte fabric and a side-tie detail. The side tie allows for an adjustable fit and a flattering silhouette. This swim dress has wide shoulder straps, removable pads, and built-in briefs for comfort and coverage. Original price: $145 The Lauren by Ralph Lauren Bel Air skirted swimsuit is a bandeau-style one-piece swimsuit with a skirt for added coverage and style. It is designed with a tummy-control panel to smooth and flatter the figure, and the bandeau neckline and halter straps provide adjustable support. The swimsuit includes non-removable cups for bust support and is made from a blend of nylon and elastane. Tankinis are a versatile swimwear option that combines the coverage of a one-piece with the comfort of a bikini. They are a great option when you plan a more active day at the beach. Original price: $119.95 The Lands' End Tugless tankini top and high-waisted bottom is made for comfort with a stay-put fit you can use for any swim play. This means it's engineered to resist shifting or riding up while you're active. The tankini top features a scoop neck and back and the fabric provides excellent protection from harmful UV rays in covered areas. Original price: $39.99 This matte tankini top is part of a two-piece suit, offering more coverage than a traditional bikini top. Tankinis are a versatile swimwear option that combines the coverage of a one-piece with the comfort of a bikini. For more deals, visit Original price: $68 Anne Cole's striped twist-front tankini top features a flattering stripe pattern. It has a twist-front detail at the front of the bust that is gathered and twisted that enhances the bust line and adds a touch of sophistication. The suit can also be worn as a halter top.
Time Business News
19-05-2025
- Business
- Time Business News
Discover the Best Way to Relax in Fort Lauderdale & Las Olas Beach
If you're soaking up the sun in Broward County, there's no better way to enjoy the beach than with a stress-free setup from Sky Rentals Beach Services. Based in Fort Lauderdale and serving hotspots like Las Olas Beach, this local company delivers everything you need for a perfect beach day—Tommy Bahama chairs, umbrellas, loungers, coolers, and more, all dropped off right where you need them. It's the easiest way to get top-rated beach chair rentals Fort Lauderdale visitors and locals count on year-round. Broward County, home to more than 1.9 million people, stretches along Florida's southeastern coast and includes 24 miles of beautiful beaches. Fort Lauderdale, one of its most famous cities, has a fascinating history dating back to the Seminole Wars and early trading posts. Over time, it transformed from a military fort into a lively vacation and boating destination, earning nicknames like 'The Venice of America' for its scenic canals and waterfront homes. Las Olas Beach, part of this historic coastline, sits right at the end of the iconic Las Olas Boulevard and offers clear blue water, wide sandy shores, and unbeatable views—making it the perfect spot for Las Olas Beach chair rentals from Sky Rentals. With year-round sunshine, it's no wonder Broward locals and visitors flock to the beach—and Sky Rentals makes it easier than ever. Whether you're staying at a resort, Airbnb, or just planning a weekend escape, they bring the comfort to you, so you can focus on relaxing. Call 1.954.501.8180 or book online to lock in your Fort Lauderdale beach chair rentals today. The only thing you'll need to bring is sunscreen and a good mood. TIME BUSINESS NEWS
Yahoo
14-05-2025
- Business
- Yahoo
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
