Oxford Industries Q1 Adj $2.66 Misses $2.68 Estimate, Sales $398.00M Miss $404.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
Oxford Industries (NYSE:OXM) reported Q1 earnings of $2.66 per share, missing the analyst estimate of $2.68. Sales were $398 million, below the $404.79 million estimate. Both earnings and sales decreased compared to the same period last year.
June 12, 2024 | 8:06 pm
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Oxford Industries reported Q1 earnings of $2.66 per share, missing the analyst estimate of $2.68. Sales were $398 million, below the $404.79 million estimate. Both earnings and sales decreased compared to the same period last year.
The earnings and sales miss, along with the year-over-year decrease in both metrics, are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100