Oxford Industries Inc (NYSE:OXM) posted mixed fourth-quarter results on Thursday.
Oxford Industries reported quarterly losses of 9 cents per share which missed the analyst consensus estimate of earnings of 2 cents per share. The company reported quarterly sales of $374.500 million which beat the analyst consensus estimate of $371.838 million.
Oxford Industries also raised its quarterly dividend from 69 cents to 70 cents per share.
Oxford Industries said it sees FY2026 adjusted EPS of $2.10-$2.70, versus market estimates of $2.78. The company sees sales of $1.475 billion-$1.530 billion, versus estimates of $1.500 billion.
Tom Chubb, Chairman and CEO, said, “Momentum in our largest business, Tommy Bahama, improved as the quarter progressed, with trends strengthening beginning in late January. This momentum helped us deliver fourth quarter net sales and adjusted earnings per share within our guidance ranges, excluding charges associated with the bankruptcy of Saks Global, against the backdrop of an uneven consumer environment. While traffic and conversion trends were pressured across much of our portfolio during the holiday season, and higher tariffs increased our costs, the strategic actions we took to strengthen our supply chain and diversify our sourcing allowed us to protect our strong gross margins. We also adjusted our merchandise assortments to better match customer expectations, important actions that helped return overall comparable sales to positive territory as fiscal 2025 concluded.”
Oxford Industries shares gained 12.5% to trade at $35.83 on Friday.
These analysts made changes to their price targets on Oxford Industries following earnings announcement.
- Telsey Advisory Group analyst Dana Telsey maintained Oxford Industries with a Market Perform and lowered the price target from $40 to $36.
- Truist Securities analyst Joseph Civello maintained the stock with a Hold and lowered the price target from $38 to $32.
Considering buying OXM stock? Here’s what analysts think:
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