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Stock impact report

Promotional Climate Impacts Oxford Industries' Business in Q2 [Yahoo! Finance]

Oxford Industries, Inc. (OXM) 
Last oxford industries, inc. earnings: 3/26 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The Atlanta-based company reported Wednesday afternoon that earnings per share fell to $2.77 from $3.45 in the second quarter of fiscal 2023. Sales were essentially flat at $419.9 million in the quarter compared with $420.3 million in the prior-year period. Operating income dropped to $53 million from $68 million the prior year. More from WWD Tommy Bahama Partners With NYC's Ray's Hometown Bar for a Capsule Collection Tommy Bahama to Launch Limited-edition Hybrid SUP, Kayak Boards This Summer Lilly Pulitzer's Latest Collection Pays Homage to the Late Founder, Who Didn't Like to Wear Shoes “Consumer sentiment in the second quarter continued to decline from levels earlier in the year reaching an eight-month low in July,” said Tom Chubb, chairman and chief executive officer of Oxford. “The decline led to market conditions that were weaker than expected with more consumers looking for deals and promotions, as evidenced by increased sales in our outlet locations and during promo Show less Read more
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