10-Q · June 11, 2026
Oxford Industries, Inc. reported Q1 2026 results characterized by slight declines in revenue and significant drops in net earnings compared to the previous year. Revenue for this quarter was $391 million, a 0.4%…
Earnings analysis · 10-Q
OXM earnings analysis
Filed September 4, 2026 · Our reading of the company's report
The latest report
Oxford Industries reported $394.376 million of revenue, missing consensus by 3.7%, while GAAP diluted EPS of $3.25 was substantially above the $1.34 adjusted EPS result because of a $2.07 tariff-related benefit.…
Read full summary
Oxford Industries reported $394.376 million of revenue, missing consensus by 3.7%, while GAAP diluted EPS of $3.25 was substantially above the $1.34 adjusted EPS result because of a $2.07 tariff-related benefit. Management lowered fiscal 2026 guidance to $1.430-$1.470 billion of sales and $3.07-$3.47 of GAAP EPS, with Q3 guidance calling for $280-$300 million of sales and an adjusted loss per share of $1.40-$1.20. Lower borrowings and positive cash generation provide support, but the underlying earnings miss and reliance on the tariff benefit keep the outlook mixed.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $3.25
What stood out
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GAAP EPS benefited from tariff refund
Revenue was $394.376 million, 3.7% below the $409.416 million consensus estimate. GAAP diluted EPS was $3.25, while adjusted EPS was $1.34.
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One-time tariff benefit boosted earnings
The tariff-related receivable and interest contributed $2.07 to GAAP EPS, materially separating the $3.25 GAAP result from the $1.34 adjusted EPS result.
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Lower borrowings reduced rate exposure
Management reported decreased borrowings relative to January 31, 2026, reducing interest-rate exposure. The company also generated positive cash flow during the quarter, although the filing extract does not disclose an exact operating-cash-flow amount.
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Share authorization remains substantial
The company repurchased $1 million of shares from employees for tax withholding related to May 2026 vesting, while $95 million remained available under the March 24, 2025 authorization as of August 1, 2026.
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No material control deficiencies reported
Disclosure controls were concluded effective as of the end of the quarter, and the company reported no changes in internal control that materially affected, or were reasonably likely to materially affect, reporting.
What to watch
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Revenue miss and lowered outlook
Revenue of $394.376 million missed the $409.416 million consensus estimate by 3.7%, and fiscal 2026 sales guidance was lowered to $1.430-$1.470 billion.
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Underlying earnings missed estimates
Adjusted EPS was $1.34 versus the $1.42 consensus estimate, a 5.6% shortfall. The $3.25 GAAP EPS result included a $2.07 tariff-related benefit, highlighting dependence on a non-operating or non-recurring item.
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Near-term earnings pressure
Fiscal 2026 adjusted EPS guidance of $1.60-$2.00 is below fiscal 2025 adjusted EPS of $2.11. Q3 sales guidance is only $280-$300 million, with an adjusted loss per share of $1.40-$1.20.
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Executive technology transition
The filing states that risk factors are unchanged from the Fiscal 2025 Form 10-K and identifies no new material litigation; however, the CIO will leave the executive role effective September 15, 2026, creating a transition risk through the end of fiscal 2026.
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Limited open-market buybacks
The company repurchased 20,650 employee shares at an average price of $44.62 during the quarter, while no open-market shares were repurchased; this limits the immediate buyback contribution to per-share results.
Management's outlook
Fiscal 2026 net sales guidance was lowered to $1.430-$1.470 billion and GAAP EPS guidance to $3.07-$3.47. GAAP EPS guidance includes a $2.07 tariff-refund receivable and related interest; adjusted EPS guidance is $1.60-$2.00 versus $2.11 in fiscal 2025. Q3 sales guidance is $280-$300 million with adjusted loss per share guidance of $1.40-$1.20.
Earlier filings 4
10-K · March 27, 2026
Oxford Industries, Inc. reported a challenging fiscal year for 2025, marked by a decline in net sales to $1.48 billion, down 2.6% from $1.52 billion in fiscal 2024. Key factors influencing performance included…
10-Q · December 11, 2025
Oxford Industries reported a significant decline in financial performance for Q3 FY2025, with a net loss of $63.7 million compared to a net loss of $3.9 million in Q3 FY2024, driven primarily by a $61 million impairment…
10-Q · September 11, 2025
Oxford Industries reported a decline in revenue and profit margins in Q2 of Fiscal 2025 compared to the same period last year, with net sales of $403 million, a decrease of 4% year-over-year. Earnings per share stood at…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.