|Bid||64.17 x 20000|
|Ask||64.85 x 20000|
|Day's Range||65.61 - 65.61|
|52 Week Range||56.87 - 80.37|
|Beta (3Y Monthly)||0.57|
|PE Ratio (TTM)||15.79|
|Forward Dividend & Yield||1.34 (1.88%)|
|1y Target Est||N/A|
Oxford Industries tumbles after the maker of Tommy Bahama, Southern Tide and other apparel brands misses Wall Street's second-quarter earnings and sales forecasts.
Shares of Oxford Industries Inc. fell nearly 10% in the extended session Wednesday after the parent company of Tommy Bahama, Lilly Pulitzer and other brands reported fiscal second-quarter earnings that fell short of Wall Street expectations and tweaked its guidance for the year. Oxford Industries said it earned $29.9 million, or $1.76 a share, in the second quarter, compared with $1.61 a share in the year-ago period. Adjusted for one-time items, Oxford earned $1.84 a share, compared with $1.83 a share a year ago. Sales fell to $302 million, compared with $302.6 million a year ago. Analysts polled by FactSet had expected Oxford Industries to report adjusted earnings of $1.86 a share on sales of $308 million. The company changed its fiscal 2019 guidance to account for "additional tariffs" in the second half of the year, it said. GAAP EPS is seen between $4.15 and $4.35, and adjusted EPS is expected to be between $4.25 and $4.45. Sales are seen between $1.135 billion and $1.155 billion, the company said. Oxford Industries had ended the regular trading day up 1.8%.
Executives discussed how the company deals with brick-and-mortar retail disruption, and its approach to clearance inventory, in a recent call with investors.
shares surged 8.9% to $74.93 a share Thursday after the apparel company beat Wall Street's first-quarter earnings expectations. The Atlanta, Georgia-based company, which makes the Tommy Bahama, Lilly Pulitzer, and Southern Tide brands, reported net earnings of $21.6 million or $1.30 a share, up from $20.6 million or $1.24 a share a year. Revenue grow 3% to $282 million, beating Wall Street's expectations of $277.3 million.
Oxford Industries Inc is an apparel company, which designs, sources, markets and distributes products bearing the trademarks of its company-owned lifestyle brands as well as certain licensed and private label apparel products. The dividend yield of Oxford Industries Inc stocks is 1.76%. Oxford Industries Inc had annual average EBITDA growth of 5.80% over the past five years.
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