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Stock impact report

Tommy Bahama Owner Oxford Stock Pops on Strong Profit, Positive Q3 Same-Store Sales [Yahoo! Finance]

Oxford Industries, Inc. (OXM) 
Last oxford industries, inc. earnings: 3/26 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Key Takeaways Oxford Industries exceeded earnings estimates as it took steps to offset tariff impacts. The parent of Tommy Bahama, Lilly Pulitzer, and Johnny Was brands got a sales lift from its Emerging Brands. CEO Tom Chubb said Oxford was encouraged by current quarter same-store sales. Shares of Oxford Industries ( OXM ) jumped more than 20% Thursday, a day after the apparel retailer beat profit forecasts and gave a positive outlook about current-quarter sales as it moved to offset new U.S. tariffs. The company behind Tommy Bahama, Lilly Pulitzer, and Johnny Was brands reported second-quarter adjusted earnings per share of $1.26, while analysts surveyed by Visible Alpha were looking for $1.18. Sales fell 4% year-over-year to $403.1 million, short of estimates. CEO Tom Chubb said the strong profit was the result of steps Oxford took to "quickly to diversify our sourcing as well as to pull some inventory receipts forward and calibrate pricing with care to help partially Show less Read more
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