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1. Company Snapshot

1.a. Company Description

Oxford Industries, Inc., an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide.The company offers men's and women's sportswear and related products under the Tommy Bahama brand; women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and children's apparel and swimwear under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women and youth products under the Southern Tide brand.It also designs, sources, markets, and distributes premium childrenswear, including bonnets, hats, apparel, swimwear, and accessories through thebeaufortbonnetcompany.com and wholesale specialty retailers; men's apparel, which include pants, shorts, and tops through duckhead.com and wholesale specialty retailers.


In addition, the company licenses Tommy Bahama brand for various products, such as indoor and outdoor furniture, beach chairs, bedding and bath linens, fabrics, leather goods and gifts, headwear, hosiery, sleepwear, shampoo, toiletries, fragrances, cigar accessories, distilled spirits, and other products; Lilly Pulitzer for stationery and gift products, home furnishing products, and eyewear; and Southern Tide trademark for bed and bath product.Oxford Industries, Inc.offers products through its retail stores, department stores, specialty stores, multi-branded e-commerce retailers, off-price retailers, and other retailers, as well as e-commerce sites.


As of January 29, 2022, it operated 186 brand-specific full-price retail stores; 21 Tommy Bahama food and beverage locations; and 35 Tommy Bahama outlet stores.Oxford Industries, Inc.was founded in 1942 and is headquartered in Atlanta, Georgia.

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1.b. Last Insights on OXM

Here is a 90-word analysis of the negative drivers behind Oxford Industries' recent stock performance: Oxford Industries' Q3 results were marred by a loss of $0.11 per share, missing revenue estimates, and a lowered FY24 outlook. Weaker-than-expected performance was attributed to inflation, cautious consumer spending, hurricanes, and a competitive market. Internal factors, such as product and assortment issues, are likely contributing more to the challenges than macroeconomic conditions. Rising costs, capital expenditures, and SG&A expenses pose significant challenges to margin recovery, despite management's focus on cost control.

1.c. Company Highlights

2. Oxford Industries' Q3 Earnings: A Mixed Bag

Oxford Industries reported a mixed financial performance in the third quarter of fiscal 2025, with consolidated net sales reaching $307 million and direct-to-consumer channels growing by 2%. However, adjusted gross margin contracted by 200 basis points to 61%, driven by increased tariffs and a change in sales mix. The company's adjusted net loss per share was $0.92, beating analyst estimates of -$0.95. The revenue growth was largely driven by strong sales in Emerging Brands Group and Lilly Pulitzer, which offset declines at Tommy Bahama and Johnny Was.

Publication Date: Dec -20

📋 Highlights
  • Total Net Sales:: Consolidated net sales reached $307 million, with a 2% company comp increase driven by 5% e-commerce growth and 31% brick-and-mortar sales growth.
  • Gross Margin Pressure:: Adjusted gross margin fell 200 basis points to 61%, impacted by $8 million in tariff costs and promotional activity at Tommy Bahama and Lilly Pulitzer.
  • Guidance Revision:: Full-year 2025 sales guidance cut to a 2-3% decline (from prior expectations), with adjusted EPS projected at $2.20–$2.40, down from $6.68 in 2024.
  • Debt and Cash Flow:: Long-term debt surged to $140 million (vs. $31 million in 2024), while cash flow from operations dropped to $70 million in first nine months (vs. $104 million in 2024).
  • Strategic Investments:: $61 million in noncash impairment charges for Johnny Was realignment, plus $7 million in interest expense, highlight ongoing cost challenges and restructuring efforts.

Segment Performance

The company's segment performance was varied, with Emerging Brands Group and Lilly Pulitzer reporting strong sales growth, while Tommy Bahama and Johnny Was saw declines. The direct-to-consumer channels grew by 2%, driven by a 5% increase in e-commerce sales and a 31% increase in food and beverage and full-price brick-and-mortar locations. However, Johnny Was reported negative trends in net sales and operating results, leading to non-cash impairment charges of $61 million.

Tariff Impact and Future Outlook

The company highlighted the impact of tariffs on its product assortment and financials, with Tom Chubb stating that the peak headwind from tariffs was in Q4, but the financial impact will continue into the first quarter of next year. Oxford Industries is revising its guidance for 2025, expecting a decline of 2% to 3% in net sales and adjusted EPS between $2.20 and $2.40. The company is taking steps to mitigate the impact of tariffs, including price increases ranging from 4 to 8% in the spring.

Valuation Metrics

Oxford Industries' current valuation metrics indicate a mixed picture. The stock has a P/E Ratio of -185.29, P/B Ratio of 1.02, and P/S Ratio of 0.36. The EV/EBITDA ratio is 17.12, and the Dividend Yield is 7.54%. The Net Debt / EBITDA ratio is 8.7, indicating a relatively high debt burden. These metrics suggest that the market is pricing in significant challenges for the company, and the stock may be undervalued if Oxford Industries can successfully execute its plans to improve profitability.

3. NewsRoom

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Oxford Industries, Inc. $OXM Shares Acquired by Allianz Asset Management GmbH

Feb -11

Source: defenseworld.net

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Oxford Industries (NYSE:OXM) vs. lululemon athletica (NASDAQ:LULU) Head-To-Head Analysis

Feb -10

Source: defenseworld.net

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Oxford Industries, Inc. (NYSE:OXM) Sees Significant Growth in Short Interest

Jan -21

Source: defenseworld.net

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Oxford Industries, Inc. $OXM Holdings Raised by Inspire Advisors LLC

Jan -19

Source: defenseworld.net

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Oxford Industries, Inc. (NYSE:OXM) Receives Consensus Recommendation of “Reduce” from Analysts

Jan -12

Source: defenseworld.net

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Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was to Participate in the ICR Conference 2026

Jan -05

Source: globenewswire.com

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Oxford Industries Continues To Struggle, And The Recovery Might Not Come Soon

Dec -18

Source: seekingalpha.com

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Oxford Industries, Inc. (NYSE:OXM) Given Consensus Rating of “Reduce” by Brokerages

Dec -18

Source: defenseworld.net

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (4.61%)

6. Segments

Tommy Bahama

Expected Growth: 4.5%

Tommy Bahama's 4.5% growth is driven by its strong brand recognition, increasing e-commerce sales, and strategic expansion into new markets. The brand's focus on experiential retail, including restaurant and bar concepts, also contributes to its growth. Additionally, Oxford Industries' effective inventory management and supply chain optimization have helped to improve profitability.

Lilly Pulitzer

Expected Growth: 4.8%

Lilly Pulitzer's 4.8% growth is driven by its strong brand reputation, increased online presence, and strategic wholesale partnerships. The brand's resort wear and women's apparel segments have seen significant growth, with a focus on comfort and versatility. Additionally, the company's efforts to expand its direct-to-consumer channel and improve supply chain efficiency have contributed to its growth momentum.

Johnny Was

Expected Growth: 4.2%

Johnny Was, a subsidiary of Oxford Industries, Inc., has achieved 4.2% growth driven by its strong brand reputation, expanding e-commerce presence, and strategic wholesale partnerships. Additionally, the brand's focus on bohemian-inspired fashion and high-quality products has resonated with consumers, contributing to its growth momentum.

Emerging Brands

Expected Growth: 5.5%

Oxford Industries' emerging brands, such as Tommy Bahama and Lilly Pulitzer, drive 5.5% growth through strategic e-commerce investments, expanded product offerings, and targeted marketing efforts. Strong brand recognition, quality products, and effective supply chain management also contribute to this growth.

Corporate and Other

Expected Growth: 3.8%

Oxford Industries' Corporate and Other segment growth of 3.8% is driven by effective cost management, strategic investments in e-commerce and digital marketing, and a strong balance sheet enabling opportunistic acquisitions. Additionally, the company's diversified portfolio and disciplined capital allocation contribute to its growth momentum.

7. Detailed Products

Lanier Apparel

Lanier Apparel is a leading manufacturer of uniform apparel for the hospitality, healthcare, and food service industries.

Duck Head

Duck Head is a popular brand of outdoor apparel, offering a range of casual, comfortable clothing for men and women.

Ben Sherman

Ben Sherman is a British-inspired fashion brand, offering a range of stylish, high-quality clothing and accessories for men and women.

Oxford Golf

Oxford Golf is a leading manufacturer of high-quality, stylish golf apparel for men and women.

Billy London

Billy London is a fashion brand offering a range of stylish, high-quality clothing and accessories for men and women.

8. Oxford Industries, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Oxford Industries, Inc. is medium due to the availability of alternative products in the market.

Bargaining Power Of Customers

The bargaining power of customers is high due to the presence of large retailers and wholesalers who can negotiate prices and terms.

Bargaining Power Of Suppliers

The bargaining power of suppliers is low due to the company's large scale of operations and ability to negotiate prices.

Threat Of New Entrants

The threat of new entrants is medium due to the moderate barriers to entry in the industry, including regulatory hurdles and capital requirements.

Intensity Of Rivalry

The intensity of rivalry is high due to the presence of several established players in the industry, leading to intense competition.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 14.34%
Debt Cost 3.95%
Equity Weight 85.66%
Equity Cost 11.78%
WACC 10.66%
Leverage 16.74%

11. Quality Control: Oxford Industries, Inc. passed 7 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Jerash Holdings

A-Score: 6.6/10

Value: 8.0

Growth: 2.6

Quality: 5.8

Yield: 9.0

Momentum: 5.0

Volatility: 9.3

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Superior Group of Companies

A-Score: 4.8/10

Value: 5.2

Growth: 5.1

Quality: 3.6

Yield: 9.0

Momentum: 1.5

Volatility: 4.3

1-Year Total Return ->

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G-III Apparel

A-Score: 4.5/10

Value: 6.6

Growth: 5.3

Quality: 5.4

Yield: 0.0

Momentum: 4.5

Volatility: 5.3

1-Year Total Return ->

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Oxford Industries

A-Score: 4.4/10

Value: 6.4

Growth: 5.3

Quality: 3.2

Yield: 8.0

Momentum: 0.5

Volatility: 2.7

1-Year Total Return ->

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Stock-Card
Culp

A-Score: 4.3/10

Value: 10.0

Growth: 1.2

Quality: 4.8

Yield: 1.0

Momentum: 3.0

Volatility: 5.7

1-Year Total Return ->

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Lakeland Industries

A-Score: 3.6/10

Value: 9.8

Growth: 2.1

Quality: 4.0

Yield: 2.0

Momentum: 1.5

Volatility: 2.3

1-Year Total Return ->

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Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

38.19$

Current Price

38.19$

Potential

-0.00%

Expected Cash-Flows