Overview

• Oxford Industries reported second-quarter EPS of $1.26 versus the $1.18 consensus, with revenue of $403.14 million versus expectations of $410.85 million.
• Shares jumped about 12.7% to $45.55 in after-hours trading following the results.
• Management said sales landed within its guidance range and adjusted EPS topped guidance on better-than-expected gross margins.
• CEO Tom Chubb highlighted diversified sourcing, earlier inventory receipts and careful pricing to partially offset higher product costs from new tariffs.
• Channel performance showed broad softness: full-price retail down 6% to $143 million, e-commerce down 2% to $150 million, wholesale down 6% to $61 million, outlet down 4% to $20 million, full-price direct-to-consumer down 4% to $292 million, and food and beverage roughly flat at $29 million.