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0.000710364869228374 0.000968679367129517 -0.00193735873425885 -0.00290603810138837 -0.00232483048111066 -0.00716822731675806 -0.00716822731675806 -0.00716822731675806
Stock impact report

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 Check Earnings Report
Company Research 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 Show less Read more
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