Clothing company Oxford Industries Q2 adjusted EPS beats estimates

Overview

• Oxford Industries 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 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

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 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: ID:nGNX4DmfhX