The firm recorded adjusted earnings of $1.39 per share in the first quarter, outperforming analyst estimates of $1.29 per share by $0.1. Compared with the prior-year period, earnings decreased 23.6 percent.
Revenue for the quarter totaled $391.40 million, slightly below analyst estimates of $391.75 million by $350.00 thousand. The topline declined by 0.4 percent compared to the same period last year.
Tom Chubb, Chairman and CEO, commented, “We delivered net sales in line with our expectations, led by mid-single-digit positive comps at Tommy Bahama, and adjusted EPS above our guidance range, fueled by better-than-expected gross margins.”
For the second quarter of fiscal year 2026, Oxford Industries anticipates earnings per share to range from $1.20 to $1.40, compared with analyst expectations of $1.46 per share. Anticipated revenue is set between $380.00 million and $400.00 million, versus consensus estimates of $413.83 million.
Looking forward, Oxford Industries issued EPS guidance for the fiscal year 2026 in the range of $2.30 to $2.70 per share, compared with analyst expectations of $2.43 per share. The sales outlook was set between $1.48 billion and $1.51 billion, versus consensus estimates of $1.51 billion.
