Oxford Industries (NYSE:OXM) Issues Earnings Results

Oxford Industries (NYSE:OXM) posted its earnings results on Wednesday. The textile maker reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.12, FiscalAI reports. Oxford Industries had a negative net margin of 1.89% and a positive return on equity of 5.68%. The firm had revenue of $391.40 million for the quarter, compared to analyst estimates of $391.76 million. During the same period in the previous year, the firm posted $1.82 EPS. The company’s revenue for the quarter was down .4% compared to the same quarter last year. Oxford Industries updated its FY 2026 guidance to 2.300-2.700 EPS and its Q2 2026 guidance to 1.200-1.400 EPS.

Here are the key takeaways from Oxford Industries’ conference call:

• Oxford’s first-quarter sales were roughly in line with expectations, while earnings came in better than expected thanks to stronger gross margin performance, despite an $11 million year-over-year tariff headwind.
• Tommy Bahama was the standout brand, with mid-single-digit direct-to-consumer comparable sales growth led by stronger men’s and especially women’s business, plus improved product assortment and execution.
• Lilly Pulitzer missed expectations, with weaker e-commerce sales tied to merchandising, allocation, pricing, and messaging issues that management says are fixable but will take time to fully resolve.
• Johnny Was is showing turnaround progress, with better gross margins, tighter inventory, lower promotions, and store closures, though wholesale and overall sales remain under pressure.
• Management said sales trends softened in April through early June, prompting a more cautious full-year outlook and a reduction in the top end of sales guidance, while EPS guidance was tightened to reflect lower tariff assumptions and expense control.

Oxford Industries Price Performance

OXM stock opened at $43.84 on Thursday. The firm has a market cap of $652.79 million, a price-to-earnings ratio of -22.60 and a beta of 1.03. The company has a quick ratio of 0.48, a current ratio of 1.10 and a debt-to-equity ratio of 0.23. Oxford Industries has a 12-month low of $30.57 and a 12-month high of $55.76. The company’s fifty day simple moving average is $42.87 and its 200 day simple moving average is $39.36.

Oxford Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Friday, July 17th. Oxford Industries’s dividend payout ratio (DPR) is currently -144.33%.

Oxford Industries News Roundup

Here are the key news stories impacting Oxford Industries this week:

• Positive Sentiment: Oxford Industries beat Q1 EPS expectations, reporting $1.39 per share versus the $1.27 consensus, which suggests the company managed costs better than expected. Oxford Industries tops Q1 earnings and revenue estimates
• Positive Sentiment: Revenue was essentially in line with expectations at $391.4 million, indicating demand did not deteriorate more than analysts had feared. Oxford reports first quarter results
• Neutral Sentiment: Management highlighted a balance between margins and slower sales during the earnings call, suggesting the company is trying to protect profitability even as growth remains soft. Oxford Industries earnings call balances margins and slower sales
• Negative Sentiment: Oxford issued Q2 EPS guidance of $1.20 to $1.40, below the $1.45 analyst forecast, which likely raised concerns about near-term earnings momentum.
• Negative Sentiment: The company’s Q2 revenue outlook of $380 million to $400 million also fell short of the roughly $413.5 million consensus, reinforcing worries about softer sales ahead.
• Negative Sentiment: Full-year EPS guidance of $2.30 to $2.70 was also below the Street’s expectations, suggesting investors may be focusing more on the weaker outlook than the earnings beat.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in OXM. Cerity Partners LLC boosted its position in shares of Oxford Industries by 3.0% during the 2nd quarter. Cerity Partners LLC now owns 9,914 shares of the textile maker’s stock valued at $399,000 after purchasing an additional 286 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Oxford Industries by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,817 shares of the textile maker’s stock valued at $517,000 after buying an additional 387 shares during the period. BNP Paribas Financial Markets lifted its stake in Oxford Industries by 44.8% in the second quarter. BNP Paribas Financial Markets now owns 1,507 shares of the textile maker’s stock valued at $61,000 after buying an additional 466 shares during the period. Deutsche Bank AG boosted its holdings in shares of Oxford Industries by 4.5% during the 4th quarter. Deutsche Bank AG now owns 11,632 shares of the textile maker’s stock worth $398,000 after buying an additional 506 shares in the last quarter. Finally, Freestone Grove Partners LP boosted its holdings in shares of Oxford Industries by 5.2% during the 4th quarter. Freestone Grove Partners LP now owns 14,060 shares of the textile maker’s stock worth $481,000 after buying an additional 691 shares in the last quarter. 91.16% of the stock is owned by institutional investors.

Analyst Ratings Changes

OXM has been the topic of several analyst reports. Truist Financial set a $43.00 price objective on shares of Oxford Industries in a research note on Thursday, June 4th. Telsey Advisory Group raised their target price on Oxford Industries from $36.00 to $51.00 and gave the stock a “market perform” rating in a research report on Wednesday, April 22nd. Zacks Research raised Oxford Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. Citigroup upped their price target on Oxford Industries from $33.00 to $34.00 and gave the company a “neutral” rating in a research report on Monday, March 30th. Finally, Wall Street Zen upgraded Oxford Industries from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. Six equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Oxford Industries currently has a consensus rating of “Reduce” and a consensus price target of $42.50.

Oxford Industries Company Profile

Oxford Industries, Inc, incorporated in 1942 and headquartered in Atlanta, Georgia, is a leading designer, marketer and distributor of high-quality men’s and women’s lifestyle apparel and accessories. The company’s product portfolio features a mix of owned brands and licensed partnerships that span casual, resort and performance categories. Key owned brands include Tommy Bahama, renowned for its island-inspired menswear and women’s sportswear, and Southern Tide, which offers coastal-focused clothing and footwear.