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Oxford Industries (OXM)
NYSE:OXM
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Oxford Industries
(NYSE:OXM)
47Neutral
Oxford Industries (OXM) vs. S&P 500 (SPY)
Market Cap
$925.73M
Dividend Yield4.54%
Average Volume (3M)464.80K
Price to Earnings (P/E)10.0
Beta (1Y)0.71
Revenue Growth-3.49%
EPS Growth52.67%
CountryUS
Employees6,000
SectorConsumer Cyclical
Sector Strength51
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)5.87
Shares Outstanding15,701,033
10 Day Avg. Volume548,565
30 Day Avg. Volume464,803
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)N/A
Price to Sales (P/S)0.62
Price to Cash Flow (P/CF)-13.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$63.25Price Target Upside7.81% Upside
Rating ConsensusHold
Number of Analyst Covering5
Oxford Industries Business Overview & Revenue Model
Company DescriptionOxford Industries, Inc., an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as footwear and children's apparel and swimwear under the Lilly Pulitzer brand; and men's shirts, pants, shorts, outerwear, ties, swimwear, footwear, and accessories, as well as women and youth products under the Southern Tide brand. It also designs, sources, markets, and distributes premium childrenswear, including bonnets, hats, apparel, swimwear, and accessories through thebeaufortbonnetcompany.com and wholesale specialty retailers; men's apparel, which include pants, shorts, and tops through duckhead.com and wholesale specialty retailers. In addition, the company licenses Tommy Bahama brand for various products, such as indoor and outdoor furniture, beach chairs, bedding and bath linens, fabrics, leather goods and gifts, headwear, hosiery, sleepwear, shampoo, toiletries, fragrances, cigar accessories, distilled spirits, and other products; Lilly Pulitzer for stationery and gift products, home furnishing products, and eyewear; and Southern Tide trademark for bed and bath product. Oxford Industries, Inc. offers products through its retail stores, department stores, specialty stores, multi-branded e-commerce retailers, off-price retailers, and other retailers, as well as e-commerce sites. As of January 29, 2022, it operated 186 brand-specific full-price retail stores; 21 Tommy Bahama food and beverage locations; and 35 Tommy Bahama outlet stores. Oxford Industries, Inc. was founded in 1942 and is headquartered in Atlanta, Georgia.
How the Company Makes MoneyOxford Industries generates revenue through a combination of retail and wholesale channels. The company's revenue model primarily relies on direct-to-consumer sales through brand-specific retail stores and e-commerce platforms, as well as wholesale distribution to department stores, specialty retailers, and other third-party outlets. Key revenue streams include the sale of men's and women's apparel, accessories, and related lifestyle products under its brand portfolio. Strategic partnerships and licensing agreements also contribute to the company's earnings, allowing it to expand its brand reach and product offerings. Additionally, Oxford Industries benefits from a strong market presence and brand loyalty, which drive sales and support its overall financial performance.
Oxford Industries Financial Statement Overview
Summary
Oxford Industries has demonstrated commendable revenue growth and maintains a solid equity base. However, the company faces challenges in maintaining consistent profitability and managing increasing leverage. There is a need to enhance operational efficiency and sustain free cash flow levels to support future growth.Income Statement
Oxford Industries demonstrated a stable revenue growth trajectory over the years. The TTM shows a slight decline in revenue compared to the previous annual report, but overall, there has been significant revenue growth from 2020 to 2023. Gross profit margins remained robust, although EBIT and EBITDA margins showed some volatility, indicating potential cost management issues. The net profit margin in TTM is notably lower, suggesting challenges in maintaining profitability.78
Positive
Balance Sheet
The company's balance sheet reflects a balanced approach with total assets consistently growing. The debt-to-equity ratio increased in the TTM, indicating a higher reliance on debt financing, which could pose a risk if not managed properly. The equity ratio remains healthy, showing a strong equity base. Return on equity has shown fluctuations, with TTM reflecting weaker returns, emphasizing the need for improved profitability.72
Positive
Cash Flow
Oxford Industries displayed strong operating cash flows, although there was a noticeable decline in free cash flow in the TTM. The operating cash flow to net income ratio is solid, suggesting efficient cash management. However, the free cash flow to net income ratio declined in TTM, indicating potential issues in sustaining free cash flow levels compared to net income.75
Positive
| Breakdown | |||||
| TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 1.53B | 1.57B | 1.41B | 1.14B | 748.83M | 1.12B | Gross Profit |
| 957.50M | 995.59M | 888.86M | 706.22M | 415.21M | 644.97M | EBIT |
| 120.33M | 80.98M | 218.77M | 165.50M | -63.40M | 93.67M | EBITDA |
| 85.15M | 145.05M | 266.38M | 205.44M | -83.76M | 136.30M | Net Income Common Stockholders |
| 15.01M | 60.70M | 165.74M | 131.32M | -95.69M | 68.49M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 4.38M | 7.60M | 8.83M | 209.75M | 66.01M | 52.46M | Total Assets |
| 474.47M | 1.10B | 1.19B | 957.64M | 865.63M | 1.03B | Total Debt |
| 167.82M | 337.58M | 413.58M | 260.76M | 300.85M | 342.08M | Net Debt |
| 163.45M | 329.98M | 404.76M | 215.90M | 234.84M | 289.62M | Total Liabilities |
| 346.78M | 536.93M | 632.39M | 449.98M | 459.91M | 504.77M | Stockholders Equity |
| 127.69M | 560.91M | 556.27M | 507.66M | 405.73M | 528.60M |
| Cash Flow | Free Cash Flow | ||||
| 66.56M | 170.19M | 78.94M | 166.11M | 54.93M | 84.50M | Operating Cash Flow |
| 178.41M | 244.28M | 125.61M | 198.01M | 83.85M | 121.93M | Investing Cash Flow |
| -122.13M | -83.98M | -151.75M | -181.57M | -34.65M | -37.42M | Financing Cash Flow |
| -57.04M | -161.17M | -11.53M | -38.17M | -35.85M | -41.30M |
Oxford Industries Technical Analysis
Negative
58.67
Price Trends
69.39
Negative
74.64
Negative
81.25
Negative
Market Momentum
-2.23
Negative
37.33
Neutral
58.68
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OXM, the sentiment is Negative. The current price of 58.67 is below the 20-day moving average (MA) of 60.05, below the 50-day MA of 69.39, and below the 200-day MA of 81.25, indicating a bearish trend. The MACD of -2.23 indicates Negative momentum. The RSI at 37.33 is Neutral, neither overbought nor oversold. The STOCH value of 58.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for OXM.
Oxford Industries Risk Analysis
Oxford Industries disclosed 34 risk factors in its most recent earnings report. Oxford Industries reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Oxford Industries Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $13.33B | 19.66 | 27.57% | 1.50% | 5.23% | 24.63% | |
71 Outperform | $14.54B | 20.39 | 39.82% | 1.99% | 0.74% | -12.69% | |
67 Neutral | $3.60B | 5.27 | 13.79% | 0.23% | -4.83% | 45.23% | |
61 Neutral | $1.19B | 6.39 | 11.99% | ― | 2.66% | 14.16% | |
59 Neutral | $12.24B | 11.04 | -1.00% | 3.78% | 1.30% | -19.54% | |
50 Neutral | $6.11B | ― | -16.13% | 2.29% | -8.42% | 57.91% | |
47 Neutral | $925.73M | 10.04 | 15.71% | 4.54% | -3.49% | 52.67% |
* Consumer Cyclical Sector Average
Performance Comparison
OXM
Oxford Industries
58.67
-46.47
-44.20%
TPR
Tapestry
70.41
23.56
50.29%
GIII
G-III Apparel Group
27.35
-1.18
-4.14%
PVH
PVH
64.64
-74.87
-53.67%
RL
Ralph Lauren
220.74
39.07
21.51%
VFC
VF
15.52
0.53
3.54%
Oxford Industries Earnings Call Summary
Earnings Call Date: Mar 27, 2025 | % Change Since: -6.19% | Next Earnings Date: Jun 4, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted strong holiday sales and strategic investments for long-term growth, including new store openings and e-commerce upgrades. However, the company faces challenges with declining sales, negative early fiscal 2025 comps, and tariff impacts, contributing to a cautious outlook for fiscal 2025.Highlights
Strong Fourth Quarter Results
Fourth quarter net sales and adjusted EPS were near the top of the guidance ranges. The holiday season was particularly strong, with a 2% increase in comps for December.
Long-term Growth Strategy
The company continues to focus on its four-point North Star strategy, emphasizing long-term shareholder value, owning a portfolio of lifestyle brands, evoking happiness in consumers, and generating cash to reinvest in growth.
New Store Openings and Investments
Plans to open approximately 20 new stores, including four Marlin bars. Completed significant upgrades to e-commerce websites and a new distribution center to enhance inventory velocity and sell-throughs.
Shareholder Returns
The Board approved a 3% increase in the quarterly dividend, continuing the streak of paying dividends since going public in 1960. Purchased $50 million worth of stock early in the fiscal year.
Lowlights
Decline in Annual Sales
Consolidated net sales for fiscal 2024 decreased by 3% to $1.52 billion. Sales in full-price brick-and-mortar locations were down 2%, and e-commerce sales decreased by 4%.
Negative Comps in Early Fiscal 2025
January comps were down 3%, and this negative trend accelerated with comps of negative 9% in February.
Wholesale Channel Challenges
The wholesale channel saw a $31 million or 10% decrease, particularly affecting the specialty store business, although this was partially offset by increased sales to major department stores.
Tariff Impacts
Anticipated tariffs are expected to have an unmitigated impact of approximately $9 million to $10 million on goods made in China, affecting gross margins.
Guidance for Fiscal 2025
Expected net sales for 2025 are projected to be between $1.49 billion and $1.53 billion, with adjusted EPS between $4.60 and $5, compared to $6.68 last year. The company remains cautious due to ongoing market uncertainty.
Company Guidance
During the Oxford Industries Fourth Quarter Fiscal 2024 earnings call, the company provided a comprehensive guidance for the upcoming fiscal year. The firm reported fourth quarter net sales of $1.52 billion, reflecting a 3% decrease from the prior year, and adjusted EPS at the top end of their guidance range, reaching $6.68. For Fiscal 2025, Oxford Industries anticipates net sales between $1.49 billion and $1.53 billion, with a projected adjusted EPS range of $4.60 to $5.00. The company expects cash flow from operations to be approximately $170 million, planning to invest in new store openings and upgrades to their e-commerce platforms. Oxford Industries also highlighted challenges such as a negative 9% comparable sales decrease in February and anticipated macroeconomic headwinds, including $9 million to $10 million in unmitigated tariff impacts. Despite these challenges, the firm remains optimistic about long-term opportunities, supported by their portfolio of lifestyle brands and ongoing strategic investments.Oxford Industries Corporate Events
Business Operations and StrategyFinancial Disclosures
Oxford Industries Steady Amid Economic Challenges
Positive
Jan 13, 2025
Oxford Industries announced that its performance during the Holiday and Resort selling seasons is on track to meet its previously issued guidance for the year, reflecting stability in its operations despite economic headwinds. The company is also investing in long-term growth initiatives such as opening new stores and enhancing fulfillment capabilities, which is expected to improve operating margins and financial results moving forward.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.