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Stock impact report

Why Oxford Industries Stock Plummeted by 21% 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
10 stocks we like better than Oxford Industries › It didn't seem as if many stock investors wanted to try Oxford Industries (NYSE: OXM) on for size on Thursday. The company's shares took a real hit that day, falling by more than 21%, on a dispiriting quarterly earnings report. Oxford published its third-quarter figures just after market close Wednesday. The retail clothing conglomerate -- which owns the Tommy Bahama brand, among others -- booked net sales of just over $307 million for the period. That figure was down marginally on a year-over-year basis. On the bottom line Oxford's net loss not according to generally accepted accounting practices ( GAAP ) deepened to almost $14 million ($0.92 per share) from third quarter 2024's shortfall of $1.7 million. Oxford's net loss came in slightly narrower than the consensus analyst estimate of $0.96 per share. The company missed on the top line, however, as the collective pudnit expectation was for nearly $309 million. The company Show less Read more
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