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0 -0.00384963768115946 -0.00362318840579718 -0.00498188405797099 0.00305706521739126 0.0110960144927537 0.0013586956521738 0.00656702898550723
Stock impact report

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

Oxford Industries, Inc. (OXM) 
Last oxford industries, inc. earnings: 3/26 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Taking a closer look at the quarter, revenue fell 1.3% year-on-year, with a big drop in sales at Johnny Was and a smaller dip at Tommy Bahama, which together erased gains at Lilly Pulitzer. Margins took a hit, too, due to a rise in shipping costs, deeper discounts to clear old inventory, and a greater share of lower-margin wholesale sales. Higher costs from running more stores pushed expenses up, crimping operating margin. As a result, EPS fell compared to the previous year. The company lowered its full-year forecast, expecting sales to shrink slightly, hurt by rising tariffs. Overall, it was a weak quarter, with falling margins, declining sales, and lowered guidance all pointing to a tougher road ahead. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Oxford Industries? Access our full analysis report here, it's free Oxford Industries's shares are quite volatile and have had 19 moves grea Show less Read more
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