Oxford Industries Drops 10% as Weak EPS and Guidance Overshadow Revenue Beat

Oxford Industries (NYSE:OXM) shares dropped more than 10% intra-day today after the apparel maker delivered mixed first-quarter results and issued weaker-than-expected guidance that spooked investors.

While the company beat revenue expectations, earnings per share came in below forecasts, and the outlook for both the second quarter and full fiscal year 2025 fell well short of Wall Street estimates.

The parent company of brands such as Tommy Bahama and Lilly Pulitzer posted Q1 adjusted earnings per share of $1.82, missing the consensus estimate of $1.98. Revenue came in at $393 million, topping projections of $383.54 million but down 1.3% from the same period last year.

Looking ahead, Oxford expects Q2 EPS in the range of $1.05 to $1.25—well below the $2.20 analysts had anticipated. Second-quarter revenue is projected between $395 million and $415 million, also underwhelming compared to the $409.4 million consensus. For fiscal year 2025, the company guided for EPS of $2.80 to $3.20, significantly trailing the Street’s $4.35 forecast.