OXM

As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the consumer discretionary - apparel and accessories industry, including Oxford Industries (NYSE:OXM) and its peers. The Consumer Discretionary sector, by definition, is made up of companies selling non-essential goods and services. When economic conditions deteriorate or tastes shift, consumers can easily cut back or eliminate these purchases. For long-term investors with five-year holding periods, this creates a structural challenge: the sector is inherently hit-driven, with low switching costs and fickle customers. As a result, only a handful of companies can reliably grow demand and compound earnings over long periods, which is why our bar is high and High Quality ratings are rare. Apparel and accessories companies design, brand, and distribute clothing, handbags, jewelry, and related lifestyle products, often spanning multiple price tiers. Tailwinds include premiumization trends (consumers trading up for perceived quality), international expansion into emerging markets, and growing digital commerce penetration. However, these businesses face headwinds from highly cyclical demand, intense promotional environments, and counterfeit competition undermining brand equity. Tariff volatility and sourcing concentration in a handful of countries add risk. Additionally, rapidly changing fashion cycles and the rise of ultra-fast-fashion digital competitors compress product life cycles and make demand forecasting exceptionally difficult. The 15 consumer discretionary - apparel and accessories stocks we track reported a strong Q1. As a group, revenues beat analysts’ consensus estimates by 1.4% while next quarter’s revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 5.4% on average since the latest earnings results. The parent company of Tommy Bahama, Oxford Industries (NYSE:OXM) is a lifestyle fashion conglomerate with brands that embody outdoor happiness. Oxford Industries reported revenues of $391.4 million, flat year on year. This print was in line with analysts’ expectations, but overall, it was a slower quarter for the company with EPS guidance for next quarter missing analysts’ expectations and full-year revenue guidance slightly missing analysts’ expectations. Tom Chubb, Chairman and CEO, comm...

Oxford Industries OXM reported first-quarter fiscal 2026 results, marked by stable revenues and stronger-than-expected profitability, even as consumer caution and brand divergence weighed on the top-line momentum. Adjusted earnings of $1.39 per share beat the Zacks Consensus Estimate of $1.27 by 9.50%. The company reported revenues of $391.4 million, which topped the consensus mark of $390.20 by 0.30%. Oxford Industries, Inc. price-consensus-eps-surprise-chart | Oxford Industries, Inc. Quote Management highlighted an improved gross margin performance, driven by sourcing initiatives and pricing actions, even as tariff costs remained a significant headwind. However, weakening demand trends into April through early June and brand-specific execution issues at Lilly Pulitzer tempered the near-term outlook. Chairman and CEO Thomas Chubb emphasized that profitability outperformance stemmed largely from gross margin resilience, supported by multi-year sourcing optimization, pricing architecture changes and a higher mix of direct-to-consumer sales. The adjusted gross margin improved to 63.4%, with approximately $11 million in incremental tariff costs absorbed during the quarter. Management noted that without tariffs, margins would have expanded year over year, underscoring structural progress in cost efficiency. CFO K. Grassmyer reinforced that lower freight costs and reduced promotional intensity also contributed to margin support. The company believes several of these improvements are structural, particularly sourcing changes and channel mix. Tommy Bahama remained the standout performer, with sales increasing nearly 4% year over year and mid-single-digit direct-to-consumer comps, driven by retail and e-commerce channels. Chubb highlighted stronger execution in core men’s categories, such as Emfielder and Boracay, alongside a notable acceleration in women’s apparel, particularly pants and woven categories. Women’s DTC sales rose 7.5%, reflecting deeper penetration into a historically under-indexed segment. The brand also saw improved cross-category engagement, with 30% of e-commerce orders including both men’s and women’s items, signaling stronger lifestyle bundling and customer stickiness. Lilly Pulitzer underperformed expectations, with sales declining nearly 9% year over year and mid-teen negative comps in e-commerce contributing to the weakness. Management attri...

Oxford Industries delivered fourth quarter results that surpassed Wall Street revenue expectations, with management pinpointing late-quarter momentum at Tommy Bahama as a key contributor. CEO Thomas Chubb emphasized that product assortment improvements and successful merchandising actions, especially in core categories like men’s polos and pants, helped drive positive comparable sales late in the period. Despite ongoing promotional activity and tariff-related sourcing pressures, management credited supply chain diversification and inventory discipline for mitigating margin erosion. Chubb noted, "having the right product in the right depth" was critical to the late-quarter turnaround, particularly as consumer demand remained uneven across regions and brands. Is now the time to buy OXM? Find out in our full research report (it’s free). Revenue: $391.4 million vs analyst estimates of $391.8 million (flat year on year, in line) Adjusted EPS: $1.39 vs analyst estimates of $1.29 (7.9% beat) Adjusted EBITDA: $46.68 million (11.9% margin, 16% year-on-year decline) The company dropped its revenue guidance for the full year to $1.49 billion at the midpoint from $1.50 billion, a 0.8% decrease Management raised its full-year Adjusted EPS guidance to $2.50 at the midpoint, a 4.2% increase Operating Margin: 5.7%, down from 9.2% in the same quarter last year Locations: 351 at quarter end, down from 353 in the same quarter last year Market Capitalization: $536.3 million While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Ashley Owens (KeyBanc Capital Markets): asked about the drivers behind Tommy Bahama’s mid-single-digit comp gains. CEO Thomas Chubb credited improved product assortment, deeper inventory in core styles, and strong West Coast performance, noting that average order values were a particular highlight. Dana Telsey (Telsey Advisory Group): inquired about the impact of the Saks exit and the outlook for wholesale distribution. Chubb said relationships with Bloomingdale’s, Macy’s, Dillard’s, and Nordstrom should help offset lost sales, while CFO Scott Grassmyer highlighted plans to use lower capital expenditure and increased ca...

Oxford Industries (OXM) shares fell early Thursday after the clothing company provided a fiscal seco

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Performance was characterized by a significant divergence between brands, with Tommy Bahama delivering solid growth while Lilly Pulitzer and Johnny Was faced execution and structural challenges. Gross margin outperformance was driven by proactive sourcing updates, pricing architecture refinements, and improved freight rates, which successfully offset $11 million in year-over-year tariff headwinds. Tommy Bahama's strength was fueled by a mid-single-digit direct-to-consumer comp, particularly in women's fashion categories and core men's programs that were under-inventoried in the prior year. Lilly Pulitzer's underperformance was attributed to internal execution gaps, including insufficient entry-level price point inventory and an over-reliance on high-priced novelty items and vintage prints. Management characterizes the current consumer as 'cautious, selective, and highly discerning,' noting that while spending capacity exists, sentiment is pressured by macro and geopolitical uncertainty. The Johnny Was turnaround is prioritizing profitability over volume, with significant progress made in reducing promotional activity and rationalizing the store base through five closures in Q1. Full-year sales guidance was narrowed by lowering the top end to reflect a deceleration in trends observed from late April through early June. The guidance assumes a 10% tariff rate remains in place for the balance of the year, though management notes that inventory flow timing limits the impact of rate changes on fiscal 2026. Lilly Pulitzer's recovery is expected to be phased, with marketing and messaging adjustments occurring quickly while merchandising corrections will take until the resort season to fully materialize. The new Lyons, Georgia distribution center is expected to reach full operational capacity by late summer, serving as a long-term competitive advantage for the growing direct-to-consumer business. Management expects gross margin expansion of 100 to 200 basis points in the remaining quarters of the year, supported by sourcing shifts and a higher mix of direct-to-consumer sales. The company has filed for approximately $25 million in Phase 1 tariff refunds following a Supreme Court ruling, with proceeds intended for debt...

This article first appeared on GuruFocus. Consolidated Net Sales: $391 million in Q1 fiscal 2026, compared to $393 million in Q1 fiscal 2025. Total Company Comparable Sales: Decreased 2%, including 2% decreases in both retail and e-commerce. Food and Beverage Sales: Increased 14%. Wholesale Sales: Decreased 5% compared to the prior year period. Adjusted Gross Margin: Contracted 90 basis points to 63.4%. Adjusted SG&A Expenses: Increased 1% to $209 million. Adjusted EBITDA: $45 million, or an 11.6% margin, compared to $54 million, or 13.7% in the prior year. Adjusted EPS: $1.39. Inventory: Decreased $15 million or 9% on a LIFO basis. Long-term Debt: $143 million, compared to $118 million at the end of Q1 fiscal 2025. Cash Flows from Operations: Provided $8 million in Q1 fiscal 2026. Capital Expenditures: $23 million primarily related to the Lyons-Georgia Distribution Center and new locations. Full Year Net Sales Guidance: Expected between $1.475 billion and $1.505 billion. Full Year Adjusted EPS Guidance: $2.30 to $2.70. Second Quarter Sales Guidance: $380 million to $400 million. Second Quarter Adjusted EPS Guidance: $1.20 to $1.40. Warning! GuruFocus has detected 7 Warning Sign with OXM. Is OXM fairly valued? Test your thesis with our free DCF calculator. Release Date: June 10, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Oxford Industries Inc (NYSE:OXM) reported better-than-expected earnings due to stronger gross margins, despite increased tariff costs. Tommy Bahama, the company's largest brand, showed strong performance with mid-single-digit growth in direct-to-consumer channels. Emerging brands like Beaufort Bonnet Company and Duck Head continued to generate strong growth, contributing positively to the portfolio. The company has made significant progress in improving gross margins through updated sourcing strategies and pricing architecture. Oxford Industries Inc (NYSE:OXM) is optimistic about the long-term potential of its brands, focusing on product relevance and brand connection to drive consumer engagement. Lilly Pulitzer's performance was below expectations, with significant declines in e-commerce sales and merchandising issues impacting results. Johnny Was is still undergoing a turnaround, with sales under pressure in the wholesale channel and a need for better execution across retail an...

ATLANTA (AP) — ATLANTA (AP) — Oxford Industries Inc. (OXM) on Wednesday reported earnings of $15 million in its fiscal first quarter. On a per-share basis, the Atlanta-based company said it had profit of $1. Earnings, adjusted for non-recurring costs, were $1.39 per share. The owner of the Tommy Bahama, Lilly Pulitzer and Southern Tide clothing lines posted revenue of $391.4 million in the period. For the current quarter ending in July, Oxford Industries expects its per-share earnings to range from $1.20 to $1.40. The company said it expects revenue in the range of $380 million to $400 million for the fiscal second quarter. Oxford Industries expects full-year earnings in the range of $2.30 to $2.70 per share, with revenue ranging from $1.48 billion to $1.51 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OXM at https://www.zacks.com/ap/OXM

Oxford Industries (OXM) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.82 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +9.45%. A quarter ago, it was expected that this owner of the Tommy Bahama, Lilly Pulitzer and Southern Tide clothing lines would post earnings of $0.05 per share when it actually produced a loss of $0.09, delivering a surprise of -280%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Oxford Industries, which belongs to the Zacks Textile - Apparel industry, posted revenues of $391.4 million for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 0.31%. This compares to year-ago revenues of $392.86 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Oxford Industries shares have added about 26.2% since the beginning of the year versus the S&P 500's gain of 7.9%. While Oxford Industries has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Oxford Industries was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the marke...

Oxford Industries (OXM) reported fiscal Q1 adjusted earnings late Wednesday of $1.39 per diluted sha

Interested in Oxford Industries, Inc.? Here are five stocks we like better. Oxford Industries said first-quarter sales were roughly in line with expectations, while adjusted earnings beat forecasts thanks to stronger gross margin. However, the company absorbed an $11 million tariff hit in the quarter. Tommy Bahama was the standout brand, with sales rising and direct-to-consumer demand improving, while Lilly Pulitzer disappointed due to merchandising and execution problems and Johnny Was remained under turnaround pressure. Management narrowed full-year guidance after softer recent trends, now expecting fiscal 2026 sales of $1.475 billion to $1.505 billion and adjusted EPS of $2.30 to $2.70. The outlook assumes tariffs stay at the current 10% rate and does not include potential refunds. MarketBeat ‘Stock of the Week’: FIGS has healthy growth prospects Oxford Industries (NYSE:OXM) reported first-quarter fiscal 2026 sales that were roughly in line with its expectations while adjusted earnings came in better than anticipated, as stronger gross margin helped offset a significant year-over-year increase in tariff costs. Chairman, President and CEO Thomas C. Chubb III said on the company’s earnings call that the quarter showed “several important positive takeaways,” led by Tommy Bahama and continued growth in Emerging Brands, but also highlighted ongoing challenges at Lilly Pulitzer and Johnny Was. → Meta Unveils Subscriptions: A New Offering With Real Growth Potential “Overall, sales in the first quarter were in line with our expectations, and earnings were better than we anticipated, primarily due to stronger than expected gross margin,” Chubb said. He added that Oxford absorbed an $11 million, or $0.55 per share, increase in tariff costs during the quarter compared with the prior year. CFO and COO K. Scott Grassmyer said consolidated net sales were $391 million in the first quarter, compared with $393 million in the prior-year period and above the midpoint of the company’s guidance range of $385 million to $395 million. → Cybersecurity Earnings: 1 AI Standout and 2 Stocks Under Pressure Total company comparable sales decreased 2%, with both retail and e-commerce comps down 2%. Wholesale sales declined 5%, which Grassmyer said was better than the company’s original forecast. Food and beverage sales increased 14%, driven primarily by non-comparable locations. Adjus...

Image source: The Motley Fool. Wednesday, June 10, 2026 at 4:30 p.m. ET Chairman, CEO & President — Thomas Caldecot Chubb Executive Vice President & CFO — K. Scott Grassmyer Thomas Caldecot Chubb: Thank you, Brian. Good afternoon, and thank you for joining us. I am pleased to be here today to discuss our first quarter results the progress we are making across the portfolio and our outlook for the balance of the year. Overall, sales in the first quarter were in line with our expectations and earnings were better than we anticipated. Primarily due to stronger than expected gross margin. That gross margin performance reflects meaningful work done by our teams over the past year to respond to tariff pressure including updates to our sourcing strategies refinements to our pricing architecture, improve freight rates through vendor negotiations, and the benefit from a higher mix of direct to consumer sales. Importantly, we achieved this margin performance while absorbing $11 million or $0.55 a share year over year increase in tariff costs during the quarter. Absent that increase, both gross margin and earnings would have improved over the prior year. Looking across the portfolio, the first quarter included several important positive takeaways. Tommy Bahama, our largest brand, performed well led by healthy direct to consumer results and our emerging brands continued to generate strong growth particularly in the Beaufort Bonnet Company and Duckhead. However, these positive results were not consistent across the portfolio. Johnny Was is progressing through its turnaround plan and we are encouraged by the progress on gross margin and direct to consumer performance. Even as wholesale remains pressured. Lilly Pulitzer was below our expectations while lapping a strong prior-year first quarter and its softness weighed on our overall result. The consumer backdrop remains unsettled. Consumers continued to navigate macroeconomic and geopolitical pressures, including conflicts around the world, higher energy prices, uncertainty around trade policy and tariffs, and pressured sentiment around discretionary spending. As we have discussed in recent quarters, while some hard data may suggest consumers have the ability to spend, the soft data and what we are seeing continue to point to consumers that are more cautious, selective, and highly discerning. In this type of environment, p...

ATLANTA, June 10, 2026 (GLOBE NEWSWIRE) -- Oxford Industries, Inc. (NYSE:OXM) today announced financial results for its first quarter of fiscal 2026 ended May 2, 2026. Consolidated net sales in the first quarter of fiscal 2026 were $391 million compared to $393 million in the first quarter of fiscal 2025. EPS on a GAAP basis was $1.00 compared to $1.70 in the first quarter of fiscal 2025. On an adjusted basis, EPS was $1.39 compared to $1.82 in the first quarter of fiscal 2025. Both GAAP and adjusted EPS in the first quarter of fiscal 2026 included $11 million, or $0.55 per share, of incremental tariff costs compared to the first quarter of fiscal 2025. Tom Chubb, Chairman and CEO, commented, “We delivered net sales in line with our expectations, led by mid-single-digit positive comps at Tommy Bahama, and adjusted EPS above our guidance range, fueled by better-than-expected gross margins. Our overall performance also reflects softer than expected results at Lilly Pulitzer and a challenging environment marked by weak consumer sentiment and higher energy prices. At the same time, we made important progress during the first quarter on several strategic initiatives in our merchandising and marketing functions that we believe will enhance the operating performance of each of our brands over the long term." Mr. Chubb concluded, “As we look to the remainder of the year, we expect macroeconomic pressures to continue weighing on consumer sentiment, and we are allowing time for our corrective actions at Lilly Pulitzer to gain traction. In light of these factors and recent comparable sales trends, we are narrowing our full-year sales guidance range by lowering the top end of the range. We are also raising the low end of our EPS guidance range, as we expect the current lower tariff rates to continue for the remainder of the year, together with disciplined expense and inventory management, to offset the impact of the narrowed sales outlook on profitability." First Quarter of Fiscal 2026 versus Fiscal 2025 Consolidated net sales were $391 million compared to $393 million in the first quarter of fiscal 2025. Gross margin was 62.3%, compared to 64.2% in the first quarter of fiscal 2025. The decreased gross margin was primarily due to (1) approximately $11 million of increased cost of goods sold from additional tariffs implemented in fiscal 2025 and (2) a $4 million higher L...