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0 0 0.00073512960654584 -0.00118259980183471 9.26902547384008E-05 -0.00214146450602487 -0.00246108607408833 0.00073512960654584
Stock impact report

Why Are Oxford Industries (OXM) Shares Soaring Today [Yahoo! Finance]

G-III Apparel Group, LTD. (GIII) 
Last g-iii apparel group, ltd. earnings: 3/19 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.g-iii.com
Company Research Source: Yahoo! Finance
The company, which owns brands like Tommy Bahama, reported that its net sales fell slightly compared to the previous year. More notably, its net loss widened to almost $14 million from a $1.7 million shortfall in the same quarter of the prior year. The primary concern for investors was the company's reduced guidance for the full year. Management cut its net sales forecast and significantly lowered its expected adjusted per-share earnings. The company pointed to a soft start to its fourth quarter, citing challenges from tariffs and an increase in marketplace promotions. In response to the news, one analyst group lowered its price target on the stock. Is now the time to buy Oxford Industries? Access our full analysis report here Oxford Industries's shares are extremely volatile and have had 37 moves greater than 5% over the last year. But moves this big are rare even for Oxford Industries and indicate this news significantly impacted the market's perception of the business. The p Show less Read more
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