Oxford Industries (NYSE:OXM) Releases Earnings Results, Beats Estimates By $0.09 EPS

Oxford Industries (NYSE:OXM) released its quarterly earnings results on Thursday. The textile maker reported $1.37 EPS for the quarter, beating the consensus estimate of $1.28 by $0.09, Briefing.com reports. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The business had revenue of $390.51 million for the quarter, compared to analysts’ expectations of $383.94 million. During the same period in the prior year, the firm earned $1.90 earnings per share. Oxford Industries’s revenue was down 3.4% compared to the same quarter last year. Oxford Industries updated its Q1 guidance to $1.70-1.90 EPS and its FY26 guidance to $4.60-5.00 EPS.

Oxford Industries Trading Up 1.5 %

Shares of NYSE:OXM traded up $0.92 during midday trading on Thursday, hitting $62.69. The company had a trading volume of 521,112 shares, compared to its average volume of 365,662. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09. Oxford Industries has a 12 month low of $54.02 and a 12 month high of $113.88. The firm has a fifty day simple moving average of $70.73 and a 200 day simple moving average of $76.98. The stock has a market cap of $984.30 million, a price-to-earnings ratio of 70.44 and a beta of 1.61.

Insider Activity at Oxford Industries

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the firm’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $86.92, for a total transaction of $108,650.00. Following the transaction, the senior vice president now owns 1,681 shares in the company, valued at approximately $146,112.52. This trade represents a 42.65 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 5.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on OXM. UBS Group decreased their price objective on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating on the stock in a research report on Thursday, December 12th. KeyCorp decreased their price target on Oxford Industries from $95.00 to $80.00 and set an “overweight” rating on the stock in a report on Tuesday, March 18th. Finally, Telsey Advisory Group dropped their price objective on Oxford Industries from $86.00 to $68.00 and set a “market perform” rating for the company in a report on Monday.

About Oxford Industries

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; and women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand.