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Bank of New York Mellon Corp bought a new position in Oxford Industries, Inc. (NYSE: OXM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 58,725 shares of the textile maker's stock, valued at approximately $2,048,000. Bank of New York Mellon Corp owned
Oxford Industries, Inc.'s stock declined by nearly -16% after Q2 earnings. Lilly Pulitzer's performance has faltered, pressuring OXM's earnings alongside weakness in most other brands. Tommy Bahama's stabilization and gross margin gains were positive in OXM's report, but the company's turnaround remains on futile ground.
Oxford Industries posted GAAP earnings growth of roughly 191%, helped by a one-time $42 million tariff refund. The company continues to deleverage its balance sheet. My DCF valuation states the stock is undervalued by 56%. I rate OXM a buy.
Oxford Industries (NYSE: OXM) reported second-quarter fiscal 2026 results that were within its expectations, as improved gross margin and adjusted earnings per share growth helped offset sales pressure across parts of its portfolio. The company also lowered its full-year sales and adjusted earnings outlook, citing continued weakness at Lilly Pulitzer and a cautious consumer environment. Chairman
U.S. stock futures were mixed this morning, with the Nasdaq 100 futures gaining around 100 points on Friday.
Oxford Industries, Inc. (OXM) Q2 2026 Earnings Call Transcript
Oxford Industries (OXM) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.26 per share a year ago.
Oxford Industries NYSE: OXM reported second-quarter fiscal 2026 results that were within its expectations, as improved gross margin and adjusted earnings per share growth helped offset sales pressure across parts of its portfolio. The company also lowered its full-year sales and adjusted earnings outlook, citing continued weakness at Lilly Pulitzer and a cautious consumer environment.