Financial Data and Key Metrics Changes - The company experienced a challenging year in 2025, with mixed performance across its portfolio, particularly impacted by tariffs and macroeconomic conditions [12][14] - Capital expenditures were significantly high due to the construction of a new distribution center, leading to increased debt levels of $132 million [12][14] - The customer retention rate stood at 62%, indicating strong loyalty among customers [11] Business Line Data and Key Metrics Changes - Tommy Bahama, the largest brand, faced softness in key markets, while Lilly Pulitzer and emerging brands showed strong performance, with the latter growing 17% in the third quarter [12][10] - Johnny Was, an acquisition that has not performed well, is undergoing a turnaround plan with new leadership and a focus on artisanal details [10][29] Market Data and Key Metrics Changes - The company reported that it reduced its reliance on China from 40% to about 10% in sourcing, demonstrating resilience in navigating tariff challenges [21] - The overall market environment remains challenging, but there are signs of optimism with GDP growth and favorable consumer conditions expected in 2026 [19] Company Strategy and Development Direction - The company is focusing on cost reduction initiatives, including indirect spending and SG&A expense reductions, to improve profitability [14][18] - There is a strategic emphasis on leveraging successful practices from Lilly Pulitzer across other brands, particularly in merchandising and customer engagement [25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2026, citing internal initiatives and a potentially improving macroeconomic environment [19][30] - The company plans to deliver guidance in March, indicating a proactive approach to future performance [30] Other Important Information - The company has revamped its website to enhance user experience and information accessibility [3] - The holiday season performance is critical, with expectations to be at the low end of guidance due to previous challenges [13] Q&A Session Summary Question: How is the business positioned for recovery after challenging years? - Management highlighted strong performances from Lilly Pulitzer and emerging brands, aiming to replicate their success across the portfolio through better merchandising and cost management [17] Question: What is the impact of tariffs on sourcing and product assortment? - The company faced significant challenges due to tariffs, particularly during peak buying periods, but has since optimized its sourcing structure to reduce reliance on high-tariff regions [22][23] Question: What are the plans for Johnny Was moving forward? - The focus will be on stabilizing the brand by emphasizing its unique artisanal details and correcting the product line to better align with market demands [29]

Group 1 - Oxford Industries, Inc. will present at the ICR Conference 2026 on January 12, 2026, at 9:00 a.m. Eastern Time [1] - The presentation will be accessible via webcast on the Oxford website [1] Group 2 - Oxford Industries, Inc. is a leader in the apparel industry, owning brands such as Tommy Bahama®, Lilly Pulitzer®, and Johnny Was® [2] - The company's stock has been traded on the New York Stock Exchange since 1964 under the symbol OXM [2]

Group 1 - The results indicate a negative trend, particularly in Tommy Bahama and Long-only investments, with potential marginal improvements [1] - Quipus Capital emphasizes an operational focus rather than market-driven dynamics, assessing companies based on long-term earnings power and competitive dynamics [1] - The majority of Quipus Capital's recommendations will be holds, reflecting a cautious approach in a bullish market [1] Group 2 - A very small fraction of companies are considered buy opportunities at any given time, highlighting a selective investment strategy [1] - Hold articles are intended to provide valuable information for future investors and introduce skepticism in a generally optimistic market [1]

Core Viewpoint - Oxford Industries experienced a significant decline in stock price, falling over 21% following a disappointing quarterly earnings report and reduced future guidance [1][6]. Financial Performance - The company reported net sales of just over $307 million for the third quarter, which represents a slight year-over-year decline [2]. - Oxford's net loss deepened to nearly $14 million ($0.92 per share) from a loss of $1.7 million in the same quarter of the previous year, slightly better than the consensus estimate of $0.96 per share [4]. - Sales at the Tommy Bahama brand, the company's top revenue generator, fell by more than 4% to $154 million, while the Johnny Was brand also saw a decline; however, Lilly Pulitzer and emerging brands reported year-over-year gains [5]. Future Guidance - Management has lowered its guidance for 2025, projecting net sales between $1.47 billion and $1.49 billion, down from a previous forecast of approximately $1.52 billion [7]. - The adjusted per-share profitability guidance has also been reduced to a range of $2.20 to $2.40, compared to the earlier estimate of $2.80 to $3.20 [7].

Core Insights - The apparel company is facing challenges due to tariffs and a decline in discretionary spending [1] Group 1 - The company has been impacted by the effects of tariffs [1] - There is a noted softness in discretionary spending affecting the company's performance [1]

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]

分组1 - G-III Apparel Group reported quarterly earnings of $1.9 per share, exceeding the Zacks Consensus Estimate of $1.6 per share, but down from $2.59 per share a year ago, representing an earnings surprise of +18.75% [1] - The company posted revenues of $988.65 million for the quarter ended October 2025, missing the Zacks Consensus Estimate by 2.25%, and down from $1.09 billion year-over-year [2] - G-III Apparel has surpassed consensus EPS estimates in all four of the last quarters and has topped consensus revenue estimates three times during the same period [2] 分组2 - The stock has underperformed, losing about 9% since the beginning of the year, while the S&P 500 has gained 16.4% [3] - The current consensus EPS estimate for the coming quarter is $0.68 on revenues of $813.8 million, and for the current fiscal year, it is $2.71 on revenues of $3.02 billion [7] - The Zacks Industry Rank for Textile - Apparel is in the top 30% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]

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]

Group 1: Market Overview - Small-cap stocks experienced volatility in Q2 2025, with the Russell 2000 Index rebounding 10% from its November 2024 record highs just 55 days after the "Liberation Day" decline [1] - The Russell 2000 returned 8.5% for the quarter, underperforming the Russell 1000 Index, which returned 11.1% [1] Group 2: Company Performance - Oxford Industries, Inc. - Oxford Industries, Inc. (NYSE:OXM) had a one-month return of 0.59% and its shares lost 45.85% of their value over the last 52 weeks, closing at $47.13 per share with a market capitalization of $700.69 million on September 12, 2025 [2] - In Q2 2025, Oxford Industries generated consolidated net sales of $403 million, down from $420 million in Q2 2024 [4] Group 3: Strategic Insights - Stock selection within the consumer discretionary sector for Oxford Industries reversed after a strong Q1 performance due to idiosyncratic headwinds, including increased tariff costs and softening consumer spending [3] - Management is focusing on accelerating its supply chain away from China, with an expected full exit by 2026, and is emphasizing brand innovation and core customer engagement, which leaves optimism for the company's future [3]

Core Insights - Oxford Industries shares surged over 24% following the release of better-than-expected second-quarter earnings despite the impact of tariffs on sales [1] - The company reported adjusted earnings of $1.26 per share, exceeding the expected $1.18, while revenue decreased by 4% year-over-year to $403.1 million, slightly below the consensus of $406.14 million but within guidance [1][2] Financial Performance - Gross margin was recorded at 61.7%, a decline from 63.3% the previous year, but still better than anticipated, with tariffs contributing approximately $9 million in additional costs [2] - Sales by brand showed a decline: Tommy Bahama down 6.6% to $229 million, Lilly Pulitzer down 1.5% to $90.3 million, and Johnny Was down 9.7% to $45.4 million, while the Emerging Brands segment grew by 17% to $38.5 million [2] Future Outlook - The company reaffirmed its full-year guidance, projecting revenue between $1.475 billion and $1.515 billion, and adjusted EPS ranging from $2.80 to $3.20 [3] - Management indicated that they have mitigated about half of their $80 million tariff exposure through accelerated receipts and changes in sourcing [3]