Oxford Industries, Inc. (OXM) Q2 2024 Earnings Call Transcript
Oxford Industries, Inc. (NYSE:OXM ) Q2 2024 Earnings Conference Call September 11, 2024 4:30 PM ET Company Participants Brian Smith - IR Tom Chubb - Chairman and CEO Scott Grassmyer - CFO and COO Conference Call Participants Chandana Madaka - KeyBanc Capital Markets Dana Telsey - Telsey Advisory Group Mauricio Serna - UBS Janine Stichter - BTIG Paul Lejuez - Citigroup Operator Greetings and welcome to the Oxford Industries Second Quarter Fiscal 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this call is being recorded.
Oxford Industries (OXM) Q2 Earnings and Revenues Miss Estimates
Oxford Industries (OXM) came out with quarterly earnings of $2.77 per share, missing the Zacks Consensus Estimate of $3.05 per share. This compares to earnings of $3.45 per share a year ago.
Tommy Bahama parent says that people ‘are looking for deals' as it cuts guidance again
People are “looking for deals and promotions” and have flocked to Oxford Industries Inc.'s outlets and to sales at the regular stores, the parent company of Tommy Bahama and Lilly Pulitzer brands says.
Oxford's Q1 2024 Was Challenging, And The Stock Is Not An Opportunity
Oxford Industries 1Q24 results show a 5% revenue decline and lower operating margins due to cost deleveraging. Concerns arise from challenging comparable sales, lackluster performance in certain brands, and lack of improvement in gross margins. Valuation of Oxford stock at a P/E of 11x to 12x seems fair considering negative economic and fashion cycles, but not opportunistic.
Oxford Industries: Long-Term Debt Reduction Encouraging Despite Drop In Net Sales
Oxford Industries has seen a decline in net sales in the most recent earnings quarter. However, reduction in long-term debt has been encouraging. I continue to take a bullish view on Oxford Industries stock.
Oxford Industries, Inc. (OXM) Q1 2024 Earnings Call Transcript
Oxford Industries, Inc. (NYSE:OXM ) Q1 2024 Earnings Call Transcript June 12, 2024 4:30 PM ET Company Participants Brian Smith - IR Tom Chubb - Chairman and CEO Scott Grassmyer - CFO and COO Conference Call Participants Ashley Owens - KeyBanc Capital Markets Janine Stichter - BTIG Mauricio Serna - UBS Tracy Kogan - Citi Operator Greetings. Welcome to Oxford Industries, Inc. First Quarter Fiscal 2024 Earnings Conference Call.
Oxford Industries (OXM) Q1 Earnings and Revenues Miss Estimates
Oxford Industries (OXM) came out with quarterly earnings of $2.66 per share, missing the Zacks Consensus Estimate of $2.70 per share. This compares to earnings of $3.78 per share a year ago.
Tommy Bahama maker Oxford Industries cuts forecast, says customers are ‘more cautious than originally anticipated'
Shares of Oxford Industries Inc. OXM, -0.98% fell after hours on Wednesday after the owner of the Tommy Bahama and Lilly Pulitzer clothing lines cut its full-year sales and profit outlook, saying that consumers have “become more cautious than originally anticipated.” The company said it expects full-year sales of $1.59 billion to $1.63 billion, compared with a forecast in March for $1.63 billion to $1.67 billion.
Top Wall Street Forecasters Revamp Oxford Industries Expectations Ahead Of Q1 Earnings
Oxford Industries, Inc. OXM will release earnings results for its first quarter fiscal 2024, after the closing bell on Wednesday.
