Core Insights - Oxford Industries reported a quarterly loss of $0.92 per share, slightly better than the Zacks Consensus Estimate of a loss of $0.95, compared to a loss of $0.11 per share a year ago [1] - The company achieved an earnings surprise of +3.16% and has surpassed consensus EPS estimates three times over the last four quarters [2] - Revenues for the quarter were $307.34 million, exceeding the Zacks Consensus Estimate by 1.07%, but down from $308.02 million year-over-year [3] Financial Performance - The company has shown a mixed trend in estimate revisions ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) [7] - Current consensus EPS estimate for the upcoming quarter is $0.79 on revenues of $397.85 million, and for the current fiscal year, it is $2.95 on revenues of $1.5 billion [8] Industry Context - The Textile - Apparel industry, to which Oxford Industries belongs, is currently in the top 25% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9] - The performance of Oxford Industries' stock may be influenced by the overall industry outlook and trends in earnings estimate revisions [6][9]

Financial Data and Key Metrics Changes - In Q3 fiscal 2025, consolidated net sales were $307 million, slightly down from $308 million in Q3 fiscal 2024, within the guidance range of $295 million to $310 million [22] - Adjusted gross margin contracted by 200 basis points to 61%, primarily due to increased cost of goods sold from tariffs and a change in sales mix [24] - Adjusted SG&A expenses increased by 4% to $209 million compared to $201 million last year, leading to an adjusted operating loss of $18 million, or a negative 5.8% operating margin [25][26] - The company ended with an adjusted net loss per share of $0.92, influenced by non-cash impairment charges totaling $61 million related to the Johnny Was trademark [26] Business Line Data and Key Metrics Changes - Lilly Pulitzer experienced strong growth with total sales increasing year-over-year, driven by double-digit growth in retail and high single-digit growth in e-commerce [23] - The Emerging Brands Group also posted strong year-over-year sales gains, while Tommy Bahama and Johnny Was saw low single-digit negative comps [23][24] - Tommy Bahama's comps improved sequentially to down low single digits from down high single digits earlier in the year, indicating progress in addressing earlier weaknesses [8] Market Data and Key Metrics Changes - The overall retail environment remained highly competitive and promotional, with consumers showing heightened sensitivity to value [4][12] - The holiday selling period has been more promotional than the previous year, contributing to a slower start for the company [12][14] - The Emerging Brands Group, including Southern Tide and Duck Head, showed strong momentum, benefiting from loyal customer bases and focused product stories [17] Company Strategy and Development Direction - The company is focused on improving profitability and has begun implementing cost reduction initiatives, including efforts around indirect spend and SG&A efficiencies [19][20] - A new state-of-the-art fulfillment center is under construction, expected to enhance direct-to-consumer capabilities [7] - The company aims to refine its sourcing strategies to mitigate tariff impacts and improve product assortments for future seasons [20][19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by tariffs and a competitive promotional environment, but expressed confidence in the long-term potential of the brands [18][19] - The company expects fourth-quarter performance to land below previous guidance due to a slower start to the holiday season [18] - Management remains focused on delivering fresh, differentiated products that align with brand heritage to meet consumer expectations [17][19] Other Important Information - The company anticipates a net tariff impact of approximately $25 million to $30 million for fiscal 2025, significantly affecting margins [30] - Capital expenditures are expected to decline significantly as the new fulfillment center is completed, allowing for reduced debt levels [20][28] Q&A Session Summary Question: How meaningful would the assortment gap be for the upcoming season? - Management indicated that the assortment issues were primarily related to current inventory and that future assortments would not face the same challenges due to improved tariff conditions [41][43] Question: What is the current promotional intensity in the marketplace? - Management noted that promotional intensity remains high but is expected to be responsive to market conditions while maintaining brand integrity [45][46] Question: Can you elaborate on the wholesale situation? - Management acknowledged cautious behavior from wholesale partners and indicated a strategic plan to manage inventory levels effectively [54][56] Question: What are the plans for price increases in spring 2026? - Management indicated that price increases would range from 4% to 8% to offset tariff impacts, with a focus on mitigating dollar impacts rather than percentage impacts [82]

Financial Data and Key Metrics Changes - In Q3 of fiscal 2025, consolidated net sales were $307 million, slightly down from $308 million in Q3 of fiscal 2024, within the guidance range of $295 million to $310 million [23] - Adjusted gross margin contracted by 200 basis points to 61%, primarily due to increased cost of goods sold from tariffs and a change in sales mix [25] - Adjusted SG&A expenses increased by 4% to $209 million compared to $201 million last year, driven by higher employment, occupancy, and depreciation costs [26] - The company reported an adjusted net loss per share of $0.92, with non-cash impairment charges totaling $61 million related to the Johnny Was trademark [27] Business Line Data and Key Metrics Changes - Lilly Pulitzer experienced strong growth with total sales increasing year-over-year, driven by double-digit growth in retail and high single-digit growth in e-commerce [24] - Tommy Bahama saw a low single-digit negative comp, although comps improved sequentially from down high single digits earlier in the year [8][24] - Johnny Was faced a high single-digit negative comp, leading to sales decreases, despite efforts to strengthen the brand through leadership changes and business improvement plans [10][24] Market Data and Key Metrics Changes - The overall consumer environment remained highly competitive and promotional, with consumers being selective in discretionary spending [4] - The holiday selling period was more promotional than the previous year, impacting sales performance [12] - The Emerging Brands Group showed strong momentum, with year-over-year sales gains, reflecting growing recognition and customer engagement [18] Company Strategy and Development Direction - The company is focused on improving profitability and has begun implementing cost reduction initiatives, including efforts around indirect spend and SG&A efficiencies [20] - There is a clear emphasis on enhancing merchandising effectiveness, marketing efficiency, and improving the go-to-market process, particularly for Johnny Was [46] - The company plans to continue investing in long-term brand strength while managing tariff impacts and promotional pressures [21][19] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by tariff-related product limitations and a highly promotional environment affecting holiday sales [12][19] - The company expects fourth-quarter performance to land below previous guidance due to a slower start to the holiday season [19] - Looking ahead to fiscal 2026, the company is optimistic about realizing benefits from cost reduction initiatives and improved merchandising strategies [20] Other Important Information - The company is in the final stages of constructing a new fulfillment center, which is expected to enhance direct-to-consumer capabilities [6] - Capital expenditures are expected to decline significantly as the new fulfillment center is completed [21] - The company anticipates a net tariff impact of approximately $25 million to $30 million for fiscal 2025, contributing to margin contraction [31] Q&A Session Summary Question: How meaningful would the assortment gap be for the upcoming season? - Management indicated that the assortment gap was primarily due to sourcing decisions made under tariff uncertainty, but they expect to have a more complete assortment for spring [38][40] Question: What is the current promotional intensity in the marketplace? - Management noted that promotional intensity remains high, but they are adapting their promotional strategies to remain competitive [42] Question: Can you elaborate on the wholesale situation? - Management acknowledged cautious behavior from wholesale partners, with less inventory needing liquidation through off-price channels [47][48] Question: What are the plans for price increases to offset tariffs? - Management indicated that price increases are planned for spring, ranging from 4% to 8%, to help mitigate tariff impacts [59] Question: How are the brands performing quarter to date? - Management reported broad-based weakness in the larger brands, while smaller brands continue to perform well [54]

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Financial Performance - Consolidated net sales for Q3 fiscal 2025 were $307 million, a slight decrease of 0.2% from $308 million in Q3 fiscal 2024[2] - GAAP loss per share was $4.28, compared to a loss of $0.25 in Q3 fiscal 2024; adjusted loss per share was $0.92 versus $0.11 in the prior year[2] - Gross profit for Q3 Fiscal 2025 was $185.3 million, down 4.7% from $194.5 million in Q3 Fiscal 2024[31] - Operating loss for Q3 Fiscal 2025 was $85.1 million, compared to an operating loss of $6.2 million in Q3 Fiscal 2024[31] - Net loss for Q3 Fiscal 2025 was $63.7 million, compared to a net loss of $3.9 million in Q3 Fiscal 2024[31] - Consolidated net sales were $307.3 million in Q3 2025, a slight decrease of 0.2%, and $1,103.3 million for the first nine months, down 2.0%[36] - The company's gross profit for Q3 2025 was $185.3 million, down 4.8% from the previous year, and $685.2 million for the first nine months, a decrease of 4.6%[36] - Operating income for the consolidated entity was a loss of $85.1 million in Q3 2025, compared to a loss of $6.2 million in Q3 2024, and a loss of $23.5 million for the first nine months compared to a profit of $98.7 million in the previous year[36] - Net earnings for Q3 2025 were a loss of $63.7 million, compared to a loss of $3.9 million in Q3 2024, and a loss of $20.8 million for the first nine months compared to a profit of $75.1 million in the previous year[36] - The company reported a net earnings per diluted share loss of $4.28 in Q3 2025, compared to a loss of $0.25 in Q3 2024, and a loss of $1.39 for the first nine months compared to a profit of $4.74 in the previous year[36] Sales and Revenue - Full-price direct-to-consumer sales increased by 3% to $206 million, with e-commerce sales rising 5% to $106 million[5] - Tommy Bahama's net sales decreased by 4.4% to $154.2 million in Q3 2025, and by 5.2% to $599.3 million for the first nine months[35] - Lilly Pulitzer's net sales increased by 7.3% to $74.9 million in Q3 2025, and by 5.7% to $264.3 million for the first nine months[35] - Johnny Was reported a net sales decline of 8.4% to $42.2 million in Q3 2025, and a decrease of 11.2% to $131.1 million for the first nine months[35] - Emerging Brands achieved a net sales increase of 17.0% to $36.1 million in Q3 2025, and a 12.5% increase to $108.9 million for the first nine months[35] Expenses and Costs - Gross margin decreased to 60.3% from 63.1% in Q3 fiscal 2024, primarily due to increased costs from tariffs and a shift in sales mix[5] - SG&A expenses for Q3 Fiscal 2025 were $212.6 million, an increase of 3.9% from $204.7 million in Q3 Fiscal 2024[31] - Impairment of goodwill and intangible assets amounted to $61.0 million in Q3 Fiscal 2025, with no such charges in Q3 Fiscal 2024[31] - The impairment of goodwill and intangible assets was $61.0 million in Q3 2025, representing 19.8% of net sales[36] Future Projections - The company expects full-year net sales to be between $1.47 billion and $1.49 billion, down from $1.52 billion in fiscal 2024[10] - GAAP loss per share for fiscal 2025 is projected to be between $1.52 and $1.32, including noncash impairment charges of $61 million[10] - Capital expenditures for fiscal 2025 are expected to be approximately $120 million, down from $134 million in fiscal 2024[15] - GAAP net earnings per diluted share guidance for Fiscal 2025 is $(1.52) to $(1.32), compared to $5.87 in Fiscal 2024[37] - Adjusted net earnings per diluted share guidance for Fiscal 2025 is $2.20 to $2.40, down from $6.68 in Fiscal 2024[37] Dividends and Shareholder Returns - The Board of Directors declared a quarterly cash dividend of $0.69 per share, payable on January 30, 2026[9] - The company declared dividends of $0.69 per share in Q3 Fiscal 2025, compared to $0.67 per share in Q3 Fiscal 2024[31] Inventory and Assets - Inventory increased by $1 million, or 1%, on a LIFO basis compared to the end of Q3 fiscal 2024[6] - Total assets increased to $1.28 billion as of November 1, 2025, compared to $1.22 billion as of November 2, 2024[29] - Long-term debt rose to $140.4 million in Q3 Fiscal 2025, up from $57.8 million in Q3 Fiscal 2024[29] - Cash and cash equivalents at the end of Q3 Fiscal 2025 were $8.0 million, compared to $7.0 million at the end of Q3 Fiscal 2024[33] Store Expansion - The company plans to open approximately 15 new full-price stores by the end of fiscal 2025, including three new Marlin Bars and a full-service restaurant[15] - Total Tommy Bahama retail locations increased from 160 in Q1 Fiscal 2024 to 166 by Q4 Fiscal 2024[39] - Johnny Was full-price retail stores remained stable at 77 from Q2 to Q4 Fiscal 2024[39] - The number of Southern Tide full-price retail stores increased from 20 in Q1 Fiscal 2024 to 30 by Q4 Fiscal 2024[39] - The total Oxford retail locations increased from 322 in Q1 Fiscal 2024 to 345 by Q4 Fiscal 2024[39]

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Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: Newell Brands Inc (NASDAQ:NWL) - Newell Brands has a dividend yield of 7.71% [5] - Wells Fargo analyst Chris Carey maintained an Equal-Weight rating and increased the price target from $5 to $6 on July 9, 2025, with an accuracy rate of 60% [5] - Barclays analyst Lauren Lieberman maintained an Overweight rating and raised the price target from $8 to $9 on May 2, 2025, with an accuracy rate of 61% [5] - Recent news indicates that Newell Brands plans to reduce its global workforce by over 900 employees as part of a global productivity plan [5] Group 2: Wendy's Co (WEN) - Wendy's has a dividend yield of 6.76% [5] - JP Morgan analyst John Ivankoe downgraded the stock from Overweight to Neutral and cut the price target from $12 to $9 on Dec. 3, 2025, with an accuracy rate of 71% [5] - Stifel analyst Chris O'Cull maintained a Hold rating and reduced the price target from $12 to $11 on Oct. 31, 2025, with an accuracy rate of 70% [5] - The company reported third-quarter adjusted earnings per share of 24 cents, exceeding the analyst consensus estimate of 20 cents on Nov. 7 [5] Group 3: Oxford Industries Inc (NYSE:OXM) - Oxford Industries has a dividend yield of 7.08% [5] - Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating with a price target of $52 on Dec. 5, 2025, with an accuracy rate of 63% [5] - Citigroup analyst Paul Lejuez upgraded the stock from Sell to Neutral and lowered the price target from $44 to $35 on Nov. 25, 2025, with an accuracy rate of 65% [5] - Recent news shows that Oxford Industries reported better-than-expected second-quarter earnings and raised its FY25 EPS guidance above estimates on Sept. 10 [5]

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.Below are the ratings of the most accurate analysts for three high-yield ...

Core Insights - Analysts project that Oxford Industries (OXM) will report a quarterly loss of -$0.95 per share, reflecting a significant decline of 763.6% year over year [1] - Revenue is expected to reach $304.1 million, which represents a decrease of 1.3% compared to the same quarter last year [1] Earnings Estimates - There has been no revision in the consensus EPS estimate for the quarter over the past 30 days, indicating that analysts have not changed their initial projections [2] - Revisions to earnings estimates are crucial for predicting investor actions, as empirical research shows a strong correlation between earnings estimate trends and short-term stock price performance [3] Revenue Projections by Segment - The consensus estimate for 'Net Sales- Emerging Brands' is $32.75 million, indicating a year-over-year increase of +6% [5] - 'Net Sales- Lilly Pulitzer' is projected to reach $75.05 million, reflecting a +7.5% change year over year [5] - 'Net Sales- Tommy Bahama' is expected to be $155.20 million, showing a decline of -3.8% from the prior-year quarter [5] - 'Net Sales- Johnny Was' is estimated at $42.20 million, suggesting a decrease of -8.5% year over year [6] Market Performance - Oxford Industries shares have increased by +9.8% in the past month, outperforming the Zacks S&P 500 composite, which rose by +1.3% [6] - The company holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [6]

Core Viewpoint - Oxford Industries, Inc. plans to release its third quarter fiscal 2025 financial results on December 10, 2025, after market close, followed by a conference call to discuss the results [1]. Company Information - Oxford Industries is a leader in the apparel industry, owning and marketing several distinctive brands including Tommy Bahama®, Lilly Pulitzer®, Johnny Was®, Southern Tide®, The Beaufort Bonnet Company®, Duck Head®, and Jack Rogers® [3]. - The company's stock has been traded on the New York Stock Exchange since 1964 under the symbol OXM [3]. Conference Call Details - The conference call will be hosted by Thomas C. Chubb III, Chairman, CEO, and President, and K. Scott Grassmyer, Executive Vice President, CFO, and COO, starting at 4:30 p.m. ET [1]. - A live webcast of the conference call will be available on the company's website, with a replay accessible until December 24, 2025 [2].