Oxford Industries, Inc. (OXM) Earnings Call Transcripts

Oxford Industries, Inc.'s Latest Earnings Call - Q1 FY2027

Oxford Industries, Inc. reported its Q1 FY2026 results with sales in line with expectations at $391 million, slightly down from $393 million YoY, but above the midpoint of their guidance. Earnings exceeded expectations due to a stronger-than-anticipated gross margin, despite a $0.55 per share increase in tariff costs. Management narrowed their full-year sales outlook by lowering the top end of the range, citing a cautious consumer environment and ongoing softness at Lilly Pulitzer. However, they raised the low end of their EPS guidance range due to improved tariff rates and expense management.

Reported metrics

Guidance from management

Management lowered the top end of their full-year sales guidance to $1.475-$1.505 billion, citing a cautious consumer environment. They raised the low end of their EPS guidance to $2.30-$2.70, reflecting improved tariff rates and expense management.

What management said

What does the underlying trend look like there? And then I'll follow up. So I would say, you know, we built into our guidance flat to low single digit negative for Q2. And I think we're, you know, we're more on at the moment in the low single digit negative. I think when we get past Father's Day, we'll be more be in that zone of flat to low single digit negative, I believe is where we'll land. I think we're going to ...

And, you know, Ashley, it always comes down to how you're performing on their floor and our wholesale performance overall. that has hung in pretty well so far year to date. Some places are stronger than others, but I would say overall it's been pretty strong.

What analysts pressed on

Analysts expressed concerns about the deceleration in sales trends through April into May and the impact of the Father's Day shift. There were also questions about the structural issues at Lilly Pulitzer and the timing of its recovery.

Main topics on the call

• Gross Margin Improvement — Gross margin performance was better than anticipated, driven by updated sourcing strategies, pricing architecture, and a higher mix of direct-to-consumer sales. This was achieved despite an $11 million increase in tariff...
• Tommy Bahama Performance — Tommy Bahama delivered strong results with mid-single-digit growth in direct-to-consumer channels, driven by improved product assortment and execution. 'The brand continues to occupy a unique position in the market with ...
• Lilly Pulitzer Challenges — Lilly Pulitzer underperformed due to merchandising and execution issues, particularly in e-commerce. Management acknowledged, 'Lilly-Pulitzer's performance was below our expectations and below where we are confident it c...
• Johnny Was Turnaround — Johnny Was is progressing in its turnaround plan with improvements in gross margin and direct-to-consumer performance, though wholesale remains pressured. Management emphasized, 'we believe Johnny Was has meaningful long...

Read the full Oxford Industries, Inc. transcript (Q1 FY2027) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 Oxford Industries, Inc. earnings call transcripts on record, spanning March 26, 2020 to June 10, 2026. Based on this history, Oxford Industries, Inc. reports quarterly. The most recent call on file is dated June 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

OXM

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Textiles, Apparel and Luxury Goods

Calls on record

27

First call

March 26, 2020

Most recent

June 10, 2026

Reporting cadence

quarterly