Oxford Industries downgraded to Sector Weight from Overweight at KeyBanc

KeyBanc downgraded Oxford Industries (OXM) to Sector Weight from Overweight without a price target The firm cites its outlook for further demand softness and margin compression in 2025 for the downgrade. While Oxford’s Q4 earnings and revenue were better than expectations, its fiscal 2025 guidance assumes sales growth within Lilly and Emerging Brands, and declines for both Johnny and Tommy alongside pressure from tariffs, lower full-price sales, and spending growth from stores, the analyst tells investors in a research note. KeyBanc believes the “ongoing choppiness” in the broader macro environment will continue to serve as an “obstacle for results this year.”