Oxford Industries, Parent Company Of Tommy Bahama And Lilly Pulitzer, Sees Stock Drop Following Q2 Results

Oxford Industries, Inc. (NYSE:OXM) reported its second-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report. 

The Details: Oxford Industries reported quarterly earnings of $2.77 per share which missed the analyst consensus estimate of $3.00 by 7.67%. Quarterly sales of $419.886 million missed the analyst consensus estimate of $438.176 million by 4.17% and is a slight decrease in sales from the same period last year.

Full-price direct-to-consumer (DTC) sales increased 1% to $305 million versus the second quarter of fiscal 2023.

Full-price retail sales of $152 million were 1% higher than the prior-year period.

E-commerce sales of $153 million were ...