earnings
confidence high
sentiment neutral
materiality 0.60
Oxford Q1 GAAP EPS $1.00 vs $1.70 YoY; adjusted EPS $1.39 beats guidance; tariff costs $0.55/share
OXFORD INDUSTRIES INC
- Net sales $391M vs $393M YoY; Tommy Bahama comps up mid-single-digit, Lilly Pulitzer -8.8%, Johnny Was -12.9%.
- GAAP operating income $22M (5.7% of sales) vs $36M (9.2%); adjusted operating income $30M (7.7%).
- FY2026 guidance narrowed: net sales $1.475-1.505B (prev $1.475-1.525B); adjusted EPS $2.30-2.70 (prev $2.10-2.70).
- Dividend of $0.70/share declared, payable July 31, 2026; unchanged from prior quarter.
- Capital expenditures expected ~$60M for FY2026; borrowings outstanding increased to $143M at Q1 end.