Oxford Industries Set to Report Q2 Earnings Thursday

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2▲2 ▼0Impact / 5
Summary · why it matters

Oxford Industries will report its quarterly earnings after market close on Thursday, with analysts expecting revenue to decline 2.1% year on year, an improvement from the 4% drop in the same quarter last year. The fashion conglomerate met revenue expectations last quarter with $391.4 million in revenue, flat year on year, though full-year guidance slightly missed estimates. Analysts have generally reconfirmed their forecasts over the past month, and the stock trades at $37.98 against an average price target of $40. Peers Figs and Movado have already reported strong results, with Figs beating expectations by 5.6% and Movado by 3.4%, while the broader apparel and accessories group has underperformed, with shares down 7.2% on average over the last month.

Impact on assets 5

Consumer Discretionary▲ · 3 stocks
Oxford Industries Inc
OXM
± MixedCapitalrelevance

Oxford Industries is set to report Q2 earnings with expected revenue decline and prior guidance miss

Movado Group Inc
MOV
▲ PositiveCapitalrelevance

Movado beat expectations by 3.4% in its recent earnings report

Health Care▲ · 1 stocks
Figs Inc
FIGS
▲ PositiveCapitalrelevance

Figs beat expectations by 5.6% in its recent earnings report

Artificial Intelligence▲ · 1 stocks
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