Tommy Bahama Parent Oxford Industries' Results Hurt by Inflation, Hurricanes [Yahoo! Finance]
Oxford Industries, Inc. (OXM)
Last oxford industries, inc. earnings: 3/26 04:05 pm
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Source: Yahoo! Finance
Sales at the company's Tommy Bahama, Lilly Pulitzer, and Johnny Was brands all fell. Oxford also cut its full-year guidance. Shares of Oxford Industries ( OXM ) slumped 8% Thursday, a day after the parent of Tommy Bahama, Lilly Pulitzer, and Johnny Was apparel brands reported a surprising loss and cut its outlook as hurricanes and a consumer spending pullback hurt sales. Oxford posted a third-quarter adjusted loss of $0.11 per share, while analysts surveyed by Visible Alpha were looking for an adjusted profit of $0.09 per share. Revenue fell nearly 6% year-over-year to $308.0 million, also below forecasts. Sales dropped 5.2% to $161.3 million at Tommy Bahama; sank 8.5% to $69.8 million at Lilly Pulitzer; and fell 6.1% to $46.1 million at Johnny Was. Emerging brands sales slipped 1% to $30.9 million. Chief Executive Officer (CEO) Tom Chubb said the "cumulative effects of several years of high inflation combined with distractions from the U.S. elections and other world events
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News
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- OXM Posts Loss in Q3, Lowers FY24 View on Weak Consumer Landscape [Yahoo! Finance]Yahoo! Finance
- Oxford Industries, Inc. (NYSE: OXM) had its price target lowered by analysts at UBS Group AG from $81.00 to $80.00. They now have a "neutral" rating on the stock.MarketBeat
- Oxford Industries Inc (OXM) Q3 2024 Earnings Call Highlights: Navigating Challenges and Seizing ... [Yahoo! Finance]Yahoo! Finance
OXM
Earnings
- 12/11/24 - Miss
OXM
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/12/24 - Form 10-Q
- OXM's page on the SEC website