Oxford Industries, Inc. (NYSE:OXM) is set to announce second quarter earning results on Thursday 3rd September 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, OXM to report 2Q20 loss of $ 0.61 per share from revenue of $ 170.45 million.
For the full year, analysts anticipate top line of $ 813.33 million, while looking forward to loss of $ 1.42 per share bottom line.
Previous Quarter Performance
Oxford Industries, Inc. came out with loss for the first quarter of $ 1.12 per share, from the revenue of $ 160.34 million. Wall street analysts are predicting, OXM to report 1Q20 loss of $ 0.27 per share from revenue of $ 172.54 million. The bottom line results missed street analysts by $ 0.85 or 314.81 percent, at the same time, top line results fell short of analysts by $ 12.2 million or 7.07 percent.
Stock Performance
Shares of Oxford Industries, Inc. traded up $ 0.40 or 0.78 percent on Wednesday, reaching $ 51.65 with volume of 102.30 thousand shares. The stock opened positive for the day at $ 51.51, after closing the previous day trading at $ 51.25.
According to the previous trading day, closing price of $ 51.25, representing a 68.75 % increase from the 52 week low of $ 30.37 and a 36.37 % decrease over the 52 week high of $ 80.55.
The company has a market capital of $ 863.48 million and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.
Conference Call
Oxford Industries, Inc. will be hosting a conference call at 4:30 PM eastern time on 3rd September 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website public.viavid.com/player/index.php?id=141170
Oxford Industries, Inc., an apparel company, designs, sources, markets, and distributes products of company owned and licensed brands, and private labels apparel products worldwide. The company offers mens and womens sportswear and related products under the Tommy Bahama brand; womens and girls dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and childrens apparel under the Lilly Pulitzer brand; and mens shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women and youth products under the Southern Tide brand. It also provides branded and private label mens apparel, including tailored clothing, casual pants, and sportswear under the licensed brands, such as Kenneth Cole, Dockers, Nick Graham, and Cole Haan, as well as designs and markets products for owned brands comprising Billy London, Oxford, Duck Head, and Strong Suit.
