Overview

* Oxford Industries ( OXM ) fiscal Q2 net sales fell 4% to $403 mln

* Adjusted EPS for fiscal Q2 was $1.26, beating analyst expectations, per LSEG data

* Co expects fiscal 2025 net sales of $1.475 bln to $1.515 bln, affirming guidance

Outlook

* Oxford Industries ( OXM ) sees fiscal 2025 net sales $1.475 bln to $1.515 bln

* Company expects fiscal 2025 GAAP EPS between $2.35 and $2.75

* Adjusted EPS for fiscal 2025 expected between $2.80 and $3.20

* Company projects Q3 fiscal 2025 net sales $295 mln to $310 mln

* Q3 fiscal 2025 GAAP loss per share expected $1.15 to $0.95

Result Drivers

* TARIFF IMPACT - Increased costs due to tariffs were partially offset by improved gross margins during promotional events and a favorable sales mix

* INVENTORY STRATEGY - Company accelerated inventory purchases to mitigate tariff impacts, contributing to increased inventory levels

* SG&A INCREASE - Higher SG&A expenses driven by increased employment, occupancy, and depreciation costs from new retail locations

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $403 mln $410.90

Revenue mln (6

Analysts

)

Q2 Beat $1.26 $1.18 (6

Adjusted Analysts

EPS )

Q2 EPS $1.12

Q2 Gross 61.4%

Margin

Q2 61.7%

Adjusted

Gross

Margin

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the apparel & accessories peer group is "buy."

* Wall Street's median 12-month price target for Oxford Industries Inc ( OXM ) is $46.50, about 12.4% above its September 9 closing price of $40.75

* The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)