Oxford Industries (NYSE:OXM) Stock, Quote.Headers.trade-ideas

Oxford Industries

Oxford Industries Inc is an apparel manufacturing company that designs, sources, markets, and distributes products under the brand name Tommy Bahama, and Lilly Pulitzer. Tommy Bahama designs, sources, markets, and distributes men's and women's sportswear and related products. Lilly Pulitzer designs, sources, markets, and distributes upscale collections of women's and women's dresses, sportswear, and related products. The company generates a majority of its revenue from the Tommy Bahama division.

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Oxford Industries Reports Weak Results, Joins Viper Energy And Other Big Stocks Moving Lower In Thursday&#39;s Pre-Market Session

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U.S. stocks could open Thursday’s session modestly higher after the remarkable recovery they staged in the previous session. The spotlight is on the producer price inflation report for August as traders seek confirmation regarding a sustained downward move in inflation, and the weekly jobless claims report may also create some ripples.

Nasdaq, S&amp;P 500 Set For Modest Gains As Investors Eye August Inflation Data And ECB Rate Decision

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Why Champions Oncology Shares Are Trading Higher By Over 13%; Here Are 20 Stocks Moving Premarket

Oxford Industries Inc

Making a noteworthy insider sell on September 26, SCOTT GRASSMYER, EVP at Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>), is reported in the latest SEC filing.
What Happened: GRASSMYER opted to sell 1,495 shares of Oxford Industries, according to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000075288/000007528824000063//Archives/edgar/data/75288/000007528824000063/0000075288-24-000063-index.htm">U.S. Securities and Exchange Commission</a> on Thursday. The transaction's total worth stands at $129,715.
As of Friday morning, Oxford Industries shares are down by 0.0%, currently priced at $86.02.
<h3>Unveiling the Story Behind Oxford Industries</h3>
Oxford Industries Inc is an apparel manufacturing company that designs, sources, markets, and distributes products under the brand name Tommy Bahama, and Lilly Pulitzer. Tommy Bahama designs, sources, markets, and distributes men's and women's sportswear and related products. Lilly Pulitzer designs, sources, markets, and distributes upscale collections of women's and women's dresses, sportswear, and related products. The company generates a majority of its revenue from the Tommy Bahama division.
<h3>Financial Insights: Oxford Industries</h3>
Negative Revenue Trend: Examining Oxford Industries's financials over 3 months reveals challenges. As of 31 July, 2024, the company experienced a decline of approximately -0.1% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Profitability Metrics:
<ul>
<li>
Gross Margin: The company excels with a remarkable gross margin of 63.12%, indicating superior cost efficiency and profitability compared to its industry peers.
</li>
<li>
Earnings per Share (EPS): Oxford Industries's EPS is significantly higher than the industry average. The company demonstrates a robust bottom-line performance with a current EPS of 2.59.
</li>
</ul>
Debt Management: Oxford Industries's debt-to-equity ratio is below the industry average. With a ratio of 0.59, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 45.51, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.88, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 16.22 is above the industry average, suggesting that the market values the company more highly for each unit of EBITDA. This could be attributed to factors such as strong growth prospects or superior operational efficiency.
</li>
</ul>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
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<h3>The Relevance of Insider Transactions</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>Navigating the World of Insider Transaction Codes</h3>
Surveying the realm of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000075288">Check Out The Full List Of Oxford Industries's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Oxford Industries Recent Insider Activity

Citigroup analyst Paul Lejuez maintains Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) with a Sell and lowers the price target from $92 to $65.

Price Target

Analyst Ratings

Citigroup Maintains Sell on Oxford Industries, Lowers Price Target to $65

Telsey Advisory Group analyst Dana Telsey maintains Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) with a Market Perform and lowers the price target from $110 to $86.

Telsey Advisory Group Maintains Market Perform on Oxford Industries, Lowers Price Target to $86

U.S. stock futures were higher this morning, with the Dow futures gaining around 0.2% on Thursday.
Shares of Oxford Industries, Inc.  (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) shares declined 10.3% to $75.02 in pre-market trading after the company reported weaker-than-expected earnings and sales results<a href="https://www.benzinga.com/news/earnings/24/09/40822016/oxford-industries-parent-company-of-tommy-bahama-and-lilly-pulitzer-sees-stock-drop-following-q2-re"> for the second quarter.</a>
Oxford Industries reported quarterly earnings of $2.77 per share which missed the analyst consensus estimate of $3.00 per share. Quarterly sales of $419.886 million missed the analyst consensus estimate of $438.176 million.
The company said it sees FY24 net sales of $1.51 billion to $1.54 billion and adjusted earnings of $7 to $7.30 per share.
GameStop shares dipped 10.5% to $20.98 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>BeiGene, Ltd.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGNE#NASDAQ">BGNE</a>) fell 6.8% to $196.80 in pre-market trading after gaining around 7% on Wednesday.</li>
<li>XCHG Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XCH#NASDAQ">XCH</a>) declined 6.4% to $8.33 in pre-market trading after jumping around 20% on Wednesday.</li>
<li>Viper Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNOM#NASDAQ">VNOM</a>) shares declined 5.5% to $42.66 in pre-market trading. Viper Energy priced its upsized public offering of 10 million Class A common shares at $42.50 per share.</li>
<li>Torrid Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CURV#NASDAQ">CURV</a>) shares fell 4.3% to $4.70 in pre-market trading. Torrid Holdings shares dipped over 26% on Wednesday after the company announced a secondary offering of 8 million shares.</li>
<li>Akero Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKRO#NASDAQ">AKRO</a>) shares fell 4% to $24.60 in pre-market trading.</li>
<li>Dogness (International) Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOGZ#NASDAQ">DOGZ</a>) shares fell 3.5% to $24.80 in pre-market trading.</li>
<li>Polestar Automotive Holding UK PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNY#NASDAQ">PSNY</a>) shares declined 3.3% to $1.45 in pre-market trading after declining 5% on Wednesday. Deutsche Bank recently announced a $1.5 price target on the stock.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/top-stories/24/09/40813043/jim-cramer-not-the-time-to-own-oil-when-asked-about-exxon-mobil-says-ibm-is-performing-well">Jim Cramer: &#8216;Not The Time To Own Oil,&#8217; When Asked About Exxon Mobil; Says IBM Is &#8216;Performing Well&#8217;</a></li>
</ul>

Oxford Industries Reports Weak Results, Joins Viper Energy And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

WIIM

Oxford Industries shares are trading lower following worse-than-expected Q2 financial results.

U.S. stocks could open Thursday&#8217;s session modestly higher after the remarkable recovery they staged in the previous session. The spotlight is on the producer price inflation report for August as traders seek confirmation regarding a sustained downward move in inflation, and the weekly jobless claims report may also create some ripples. The market may also focus on an interest rate decision from across the Atlantic. The <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40827231/top-economist-says-ecb-will-kickstart-global-rate-cuts-warns-investors-of-increased">European Central Bank is widely expected to reduce rates </a>and kickstart a coordinated cut by the global central banks amid a letup in inflation and growth slowdown. That said, some negative tidings from the tech space could lead to some selling.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+0.10%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.14%</td>
</tr>
<tr>
<td>Dow</td>
<td>+0.16%</td>
</tr>
<tr>
<td>R2K</td>
<td>+0.48%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Thursday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE: SPY gained 0.22% to $555.64 and the&nbsp;Invesco QQQ ETF (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qqq#NASDAQ">QQQ</a>) rose 0.16% to $469.37, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session:
Wall Street ended higher on Wednesday &#8211; a session marked with volatility in which the 30-stock Dow Jones Industrial Average moved in a 910-point range. After starting lower in reaction to what was perceived as a not-so-benign August consumer price inflation report and presidential debate held overnight, the averages fell further in early trading. 
Positive comments on the potential of artificial intelligence technology by Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang at an industry conference kicked off a rally in the technology space and the broader market. IT stocks soared, leading the market higher, while communication services and consumer discretionary stocks also found buying interest. Defensive consumer staples and real-estate stocks lost ground, and financial and energy stocks extended their declines.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+2.17%</td>
<td>17,395.53</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+1.07%</td>
<td>5,554.13</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+0.31%</td>
<td>40,861.71</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+0.31%</td>
<td>2,103.85</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Carson Group Chief Market Strategist Ryan Detrick flagged a data point that holds out promise. While noting that the S&amp;P 500 Index came back from a loss of 1.5% intraday to finish higher by over 1%, he said the last time this happened was exactly at the end of the vicious bear market in Oct. 2022.
&#8220;Looking at previous big reversal days like this shows better than average returns across the board,&#8221; he added.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The last time the S&amp;P 500 was down &gt;1.5%, but finished up &gt;1%? The exact lows at the end of the vicious bear market in Oct &#39;22. It happened again today. Looking at previous big reversal days like this shows better than avg returns across the board. <a href="https://t.co/mu8jPFEiNM">pic.twitter.com/mu8jPFEiNM</a>
&mdash; Ryan Detrick, CMT (@RyanDetrick) <a href="https://twitter.com/RyanDetrick/status/1834075612719222989?ref_src=twsrc%5Etfw">September 12, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<figcaption class="wp-element-caption">Following the CPI report, Comerica Chief Economist Bill Adams said the Fed is weighing the &#8220;stickiness of service price inflation on the one hand against the softening of the job market on the other hand.&#8221; The tradeoff points to a 25-basis-point cut at next week&#8217;s Fed meeting, he said. &#8220;The stickiness of service price inflation and shelter inflation suggests the Fed will cut rates slower than financial markets currently price in,&#8221; he added.</figcaption></figure>
See also: <a href="https://www.benzinga.com/money/how-to-trade-futures"> How To Trade Futures</a>
Upcoming Economic Data:
<ul>
<li>The Labor Department is scheduled to release the weekly jobless claims report at 8:30 a.m. EDT. Economists, on average, expect the number of individuals claiming unemployment benefits to come in at 225,000 in the week ended Sept. 7, slightly lower than the previous week&#8217;s 227,000. </li>
<li>The Bureau of Labor Statistics is due to release its August producer price inflation report, also at 8:30 a.m. EDT. The consensus estimates are as follows:
<ul>
<li>PPI (m-o-m): 0.1%, flat with the July rate</li>
<li>PPI (y-o-y): 1.8%, down from 2.2% in July</li>
<li>Core PPI (m-o-m): 0.2% versus unchanged prices in July</li>
<li>Core PPI (y-o-y): 2.5%, up from 2.4% in July</li>
</ul>
</li>
<li>The Treasury will auction four- and eight-week notes at 11:30 a.m. EDT and 30-year bonds at 1 p.m. EDT.</li>
<li>The Treasury is also due to release the federal budget balance report for August at 2 p.m. EDT, with the report widely expected to show of deficit of $285.7 billion compared to a deficit of $244 billion in July.</li>
</ul>
Stocks In Focus:
<ul>
<li>Oxford Industries, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) plunged over 10% <a href="https://www.benzinga.com/premarket">in premarket trading</a> following the company&#8217;s quarterly results.</li>
<li>Kroger Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>) and Signet Jewelers Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIG#NYSE">SIG</a>) are scheduled to announce their <a href="https://www.benzinga.com/calendars/earnings">quarterly results before the market opens</a>, while Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) is due after the market closes.</li>
<li>Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) moved down over 2% on a negative analyst action.</li>
<li>Moderna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) slumped over 7% after the company announced cost-cutting initiatives.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures rose for a second straight session and gold futures traded flat around the $2,550 level, while Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rallied back above $58K. The 10-year yield rose 2.3 basis points to 3.676%. 
Most Asian markets advanced, tracking the firmer close by Wall Street stocks, but China ended modestly lower. European stocks rose solidly in early trading, reacting to the post-noon recovery seen by U.S. stocks on Wednesday and hopes of an ECB rate cut. The decision is due at 8:15 a.m. EDT.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40826658/didnt-take-much-for-nvidia-to-get-people-excited-about-ai-says-strategist-after-jen">&#8216;Didn&#8217;t Take Much For Nvidia To Get People Excited About AI,&#8217; Says Strategist, After Jensen Huang Talks Up AI&#8217;s Potential Beyond Data Centers</a></li>
</ul>
Photo via Shutterstock

Nasdaq, S&P 500 Set For Modest Gains As Investors Eye August Inflation Data And ECB Rate Decision

Shares of Champions Oncology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSBR#NASDAQ">CSBR</a>) rose sharply in today's pre-market trading reported better-than-expected financial results for the <a href="https://www.benzinga.com/quote/CSBR/earnings">first quarter on Wednesday.</a>
The company reported quarterly earnings of 11 cents per share which beat the analyst consensus estimate of a loss of $0.3 per share.
Champions Oncology shares jumped 13.5% to $4.55 in the pre-market trading.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Smart for Life, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMFL#NASDAQ">SMFL</a>) gained 89.4% to $1.61 in pre-market trading. HRT Financial LP acquired a new stake in Smart for Life.</li>
<li>Protagenic Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTIX#NASDAQ">PTIX</a>) rose 58% to $1.58 in today's pre-market trading.</li>
<li>N2OFF, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NITO#NASDAQ">NITO</a>) gained 42.4% to $0.4273 in the pre-market trading session after the company announced a potential 10% increase in capacity for its Solar PV Joint Venture Project with Solterra Renewable Energy.</li>
<li>NETGEAR, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTGR#NASDAQ">NTGR</a>) shares gained 27.8% to $20.37 in pre-market trading after the company disclosed a settlement agreement with TP-Link Systems and raised its third-quarter revenue guidance.</li>
<li>Perfect Moment Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PMNT#NASDAQ">PMNT</a>) gained 18.6% to $1.15 in pre-market trading after declining around 8% on Wednesday.</li>
<li>Signing Day Sports, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SGN#NYSE">SGN</a>) gained 14.4% to $0.1419 in pre-market trading.</li>
<li>Pineapple Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEGY#NASDAQ">PEGY</a>) rose 13.8% to $0.1983 in pre-market trading after dipping 14% on Wednesday. Pineapple Energy recently entered into exchange agreements to swap Series A preferred stock and warrants for Series C preferred stock, convertible at $0.45 per share.</li>
<li>ImmunityBio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBRX#NASDAQ">IBRX</a>) rose 8.7% to $3.94 in pre-market trading. ImmunityBio recently presented long-term overall survival data in non-small cell lung cancer patients and announced registrational intent Phase 3 trials with ANKTIVA and checkpoint immunotherapy at the World Conference on Lung Cancer.</li>
<li>Applied Therapeutics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLT#NASDAQ">APLT</a>) gained 5% to $5.47 in pre-market trading.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Ryde Group Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RYDE#NYSE">RYDE</a>) fell 61.7% to $5.02 in pre-market trading after dipping more than 35% on Wednesday.</li>
<li>Syra Health Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYRA#NASDAQ">SYRA</a>) fell 48.4% to $0.4128 in pre-market trading. Syra Health priced its $2.1 million public offering with shares and warrants priced at $0.64 each.</li>
<li>Telesis Bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBIO#NASDAQ">TBIO</a>) shares dipped 40% to $1.02 in pre-market trading. Telesis Bio shares dipped 55% on Wednesday after the company announced that it has notified the Nasdaq Stock Market of its decision to delist.</li>
<li>CN Energy Group. Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNEY#NASDAQ">CNEY</a>) shares fell 25.9% to $1.03 in pre-market trading. CN Energy Group received Nasdaq notice that it is currently not in compliance with certain requirements under relevant listing rules.</li>
<li>SMX (Security Matters) Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) shares declined 17.7% to $2.59 in pre-market trading after the company announced a $5.35 million private placement.</li>
<li>FTC Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTCI#NASDAQ">FTCI</a>) shares fell 16.4% to $0.3841 in pre-market trading. FTC Solar shares jumped 104% on Wednesday after the company announced that it has been selected by Strata Clean Energy to supply approximately 500 megawatts of its Voyager 2P solar tracker technology for multiple project sites in the U.S. and will be the preferred 2P solar tracker supplier over a three-year initial term.</li>
<li>iSpecimen Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPC#NASDAQ">ISPC</a>) fell 14.5% to $0.21 in today's pre-market trading after the company announced a 1-for-20 reverse stock split.</li>
<li>Oxford Industries, Inc.  (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) shares declined 10.3% to $75.02 in pre-market trading after the company reported weaker-than-expected earnings and sales results for the second quarter. The company said it sees FY24 net sales of $1.51 billion to $1.54 billion and adjusted earnings of $7 to $7.30 per share.</li>
<li>Cadrenal Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVKD#NASDAQ">CVKD</a>) shares fell 8.6% to $7.73 in pre-market trading after jumping around 18% on Wednesday.</li>
<li>BeiGene, Ltd.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BGNE#NASDAQ">BGNE</a>) declined 6.8% to $196.80 in pre-market trading after gaining around 7% on Wednesday.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/top-stories/24/09/40813043/jim-cramer-not-the-time-to-own-oil-when-asked-about-exxon-mobil-says-ibm-is-performing-well">Jim Cramer: &#8216;Not The Time To Own Oil,&#8217; When Asked About Exxon Mobil; Says IBM Is &#8216;Performing Well&#8217;</a></li>
</ul>

With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects The Kroger Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KR#NYSE">KR</a>) to report quarterly earnings at $0.91 per share on revenue of $34.09 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Kroger shares rose 0.3% to $51.65 in after-hours trading.</li>
<li>Oxford Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) reported weaker-than-expected earnings and sales results for the second quarter. The company said it sees FY24 net sales of $1.51 billion to $1.54 billion and adjusted earnings of $7 to $7.30 per share. Oxford Industries shares dipped 10.4% to $74.95 in the after-hours trading session.</li>
<li>Analysts are expecting Signet Jewelers Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SIG#NYSE">SIG</a>) to post quarterly earnings at $1.14 per share on revenue of $1.50 billion. The company will release earnings before the markets open. Signet shares fell 0.1% to $78.00 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Champions Oncology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSBR#NASDAQ">CSBR</a>) reported better-than-expected financial results for the first quarter on Wednesday. The company reported quarterly earnings of 11 cents per share which beat the analyst consensus estimate of a loss of $0.3 per share. Champions Oncology shares jumped 30% to $5.2899 in the after-hours trading session.</li>
<li>Analysts expect Adobe Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) to report quarterly earnings at $4.53 per share on revenue of $5.37 billion after the closing bell. Adobe shares rose 0.2% to $581.50 in after-hours trading.</li>
</ul>
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<ul>
<li><a href="https://www.benzinga.com/top-stories/24/09/40813043/jim-cramer-not-the-time-to-own-oil-when-asked-about-exxon-mobil-says-ibm-is-performing-well">Jim Cramer: &#8216;Not The Time To Own Oil,&#8217; When Asked About Exxon Mobil; Says IBM Is &#8216;Performing Well&#8217;</a></li>
</ul>

Kroger, Adobe And 3 Stocks To Watch Heading Into Thursday

Oxford Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) reported its second-quarter financial results after Wednesday's closing bell. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/09/g40821695/oxford-owner-of-tommy-bahama-lilly-pulitzer-and-johnny-was-reports-second-quarter-results">details from the report.&nbsp;</a>
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.
<ul>
<li>Full-price direct-to-consumer (DTC) sales increased 1% to $305 million versus the second quarter of fiscal 2023.
<ul>
<li>Full-price retail sales of $152 million were 1% higher than the prior-year period.</li>
<li>E-commerce sales of $153 million were comparable to last year.</li>
</ul>
</li>
<li>Outlet sales were $21 million, a 4% increase versus prior-year results.</li>
<li>Food and beverage sales of $29 million were comparable to last year.</li>
<li>Wholesale sales of $65 million were 5% lower than the second quarter of fiscal 2023.</li>
</ul>
Read Next: <a href="https://www.benzinga.com/news/large-cap/24/09/40820349/nvidia-ceo-jensen-huang-admits-its-tense-as-surging-demand-for-blackwell-chips-sparks-customer-fru">Nvidia CEO Jensen Huang Admits &#8216;It&#8217;s Tense&#8217; As Surging Demand For Blackwell Chips Sparks Customer Frustration</a>
&#8220;Consumer sentiment in the second quarter continued to decline from levels earlier in the year reaching an eight month low in July. The decline led to market conditions that were weaker than expected with more consumers looking for deals and promotions as evidenced by increased sales in our outlet locations and during promotional events,&#8221; said Tom Chubb, Chairman and CEO.
&#8220;Despite the challenging consumer environment, our teams continue to focus on our strategy of delivering new and compelling products and experiences for our customers,&#8221; he added.
Outlook: Oxford Industries lowered its third-quarter guidance to earnings of between 0 cents and 20 cents per share and net sales in a range of $310 million to $325 million. The company sees fiscal year 2024 earnings of between $7.00 and $7.30 per share and net sales in a range of $1.51 billion to $1.54 billion. 
OXM Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Oxford Industries shares are down 7.68% after-hours at $77.20 at the time of publication Wednesday.
Read Also:
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<li><a href="https://www.benzinga.com/news/24/09/40799524/lucid-showcases-new-gravity-suv-teases-affordable-crossover-ev">Lucid Showcases New Gravity SUV, Teases Affordable Crossover EV</a></li>
</ul>
Image: Courtesy of Oxford Industries, Inc.

After-Hours Center

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

Guidance

Oxford Sees Q3 Adj. EPS $0.00-$0.20, Net Sales $310M-$325M; Sees FY24 Net Sales $1.51B-$1.54B, Adj. EPS $7-$7.30

Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) reported quarterly earnings of $2.77 per share which missed the analyst consensus estimate of $3.00 by 7.67 percent. The company reported quarterly sales of $419.886 million which missed the analyst consensus estimate of $438.176 million by 4.17 percent. This is a 0.10 percent decrease over sales of $420.319 million the same period last year.

Earnings Misses

Oxford Industries Q2 2024 Adj. EPS $2.77 Misses $3.00 Estimate, Sales $419.886M Miss $438.176M Estimate

Index futures are sporting caution early Wednesday as the market prepares to receive the all-important August consumer price inflation report. Vice President Kamala Harris is widely considered as the <a href="https://dash.parsely.com/benzinga.com/posts/uvH2BRT1nTC-trump-vs-harris-debates-results-are-in-flash-poll-shows-resounding-majority-pick-vice-president-as/?minutes=10">winner of the presidential debate </a>held between her and Republican candidate Donald Trump late Tuesday, and this could prove to be slightly market-negative, given the former president is viewed as market-friendly. That said, there are specific sectors that could capitalize on the outcome, including green energy stocks.
The major market-moving catalyst for the day, however, is going to be the August consumer price inflation report, which along with Thursday&#8217;s producer price inflation report could be key inputs the Federal Reserve will look into as they make their interest rate decision following the conclusion of a two-day Federal Open Market Committee meeting next Wednesday. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.31%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.28%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.37%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.55%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Wednesday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) moved down 0.25% to $547.50 and the Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) slipped 0.29% to $457.35, according to <a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session:
U.S. stocks closed Tuesday&#8217;s session on a mixed note as risk aversion perked up following Oracle Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) strong results and the implication it had for the artificial intelligence trades. The major averages started on a firm footing but lost their momentum mid-way through, as they dipped below the unchanged line by the mid-session.
 The mid-session weakness stemmed from a pullback in financial stocks after JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) gave a muted outlook at an industry conference. Energy stocks also served as drags after the WTI-grade crude oil futures plunged over 4%.
Stocks, however, staged a strong recovery, with the Nasdaq Composite and S&amp;P indices closing higher for the second straight day, while the Dow Jones Industrial Average settled modestly lower.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+0.84%</td>
<td>17,025.88</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.45%</td>
<td>5,495.52</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>-0.23%</td>
<td>40,736.96</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.02%</td>
<td>2,097.44</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Fund manager Louis Navellier said in a note to clients that he expects a positive CPI report for August, premising his expectation on the shelter costs potentially continuing to moderate. He also looks ahead to a favorable producer price inflation report on Thursday as wholesale service and good costs have been soft. As a result, he expects Treasury yields to move lower.
The slower pace of the PPI inflation than the CPI inflation is due to the fact that the U.S. continues to import deflation from China, he said.
A strategist said there could be a bit of pullback, given the market is in a seasonally weak period and it is the election year. Fund Strat Global Head of Technical Strategy Mark Newton said given the fact that sentiment is not as optimistic as he would want to see, it&#8217;s going to be a hiccup. Weighing in on the headwinds, he noted that the current presidential election is highly contentious and divisive and there are two wars overseas. &#8220;Earnings though have been remarkably good and the stock market itself has been good,&#8221; he noted.
&#8220;I do suspect we probably pull back a little bit further even over the next week you can&#8217;t rule that out. So maybe to 53 and change uh then I think we probably start to turn higher after the Fed meeting,&#8221; he said.
See also: <a href="https://www.benzinga.com/money/best-futures-trading-software">Best Futures Trading Software</a>
Upcoming Economic Data:
<ul>
<li>The Bureau of Labor Statistics is due to release the consumer price inflation report for August at 8:30 a.m. EDT. The consensus expectations are as follows:
<ul>
<li>CPI (m-o-m): 0.2%, flat with the July rate</li>
<li>CPI (y-o-y): 3.2%, flat with the July rate</li>
<li>Core CPI (m-o-m): 0.2%, flat with the July rate</li>
<li>Core CPI (y-o-y): 2.5%, down from 2.9% in July</li>
</ul>
</li>
<li>The Energy Information Administration will release the weekly petroleum status report at 10:30 a.m. EDT.</li>
<li>The Treasury will auction 10-year notes at 1 p.m. EDT.</li>
</ul>
Stocks In Focus:
<ul>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) fell about 9% <a href="https://www.benzinga.com/premarket">in premarket trading</a> following the company&#8217;s quarterly results. and Petco Health and Wellness Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>) declined over 3.50%, also in reaction to earnings.</li>
<li>Oxford Industries, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) is scheduled to announce its <a href="https://www.benzinga.com/calendars/earnings">quarterly results after the market close.</a></li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) plunged over 15% as the company&#8217;s owner Donald Trump&#8217;s standing in the poll was diminished after the presidential debate that was held late Tuesday.</li>
<li>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) weighed in on crypto-linked stocks such as MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) and Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>).</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures rebounded strongly in early New York trading and safe haven gold held up above the $2,550 level. Bitcoin fell sharply after the presidential debate and traded down to $56.5K, as pro-crypto candidate Trump is widely believed as the loser of the face-off.
The 10-year Treasury note yield dipped 2.2 basis points to 3.622% after it dropped to its lowest level in more than a year on Tuesday (intraday).
Asian stocks fell across the board, led by the Japanese market, which weakened in reaction to the yen&#8217;s strength. Apprehension ahead of the U.S. inflation data also kept sentiment muted in the region. The European markets are seeing modest strength, although the U.K. market was slightly weaker amid the release of a slew of soft domestic economic data.
Read Next: 
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</ul>
Photo: Lucky Photographer via Shutterstock

COIN

MSTR

ORCL

WOOF

Wall Street Poised For Pullback Ahead Of August CPI Data: Strategist Says Further Dip Likely Before Rally Resumes Following Next Week's Fed Meeting

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the &#8220;Fear&#8221; zone on Tuesday.
U.S. stocks settled mixed on Tuesday, with the S&amp;P 500 recording gains for the second straight session.
NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) shares gained 1.5% on Monday. Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) also closed higher during the session.
On the economic data front, the NFIB Small Business Optimism Index fell to 91.2 in August, recording the weakest reading in three months, and versus July&#8217;s reading of 93.7.
Most sectors on the S&amp;P 500 closed on a positive note, with real estate, information technology and consumer discretionary stocks recording the biggest gains on Tuesday. However, energy and financials stocks bucked the overall market trend, closing the session lower.
The Dow Jones closed lower by around 93 points to 40,736.96 on Tuesday. The S&amp;P 500 rose 0.45% to 5,495.52, while the Nasdaq Composite jumped 0.84% at 17,025.88 during Tuesday's session.
Investors are awaiting earnings results from Designer Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBI#NYSE">DBI</a>), Manchester United plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>) and Oxford Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 39.6, the index remained in the &#8220;Fear&#8221; zone on Tuesday, versus a prior reading of 40.9.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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MANU

MSFT

S&P Gains For Second Session Amid Nvidia Surge: Investor Sentiment Declines, Fear & Greed Index Remains In 'Fear' Zone

With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Designer Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBI#NYSE">DBI</a>) to report quarterly earnings at $0.53 per share on revenue of $816.14 million before the opening bell. Designer Brands shares rose 3.2% to $6.00 in after-hours trading.</li>
<li>GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) reported a surprise profit for the second quarter, while sales missed expectations. GameStop shares dipped 10.4% to $21.01 in the after-hours trading session.</li>
<li>Analysts are expecting Manchester United plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MANU#NYSE">MANU</a>) to post a quarterly loss at $0.17 per share on revenue of $188.52 million. The company will release earnings before the markets open. Manchester United shares rose 1.4% to $16.63 in after-hours trading.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>Dave &amp; Buster&#8217;s Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>) posted stronger-than-expected earnings for its second quarter on Tuesday. Dave &amp; Buster&#8217;s shares climbed 12.2% to $33.50 in the after-hours trading session.</li>
<li>Analysts expect Oxford Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) to report quarterly earnings at $3.00 per share on revenue of $438.18 million after the closing bell. Oxford Industries shares rose 4% to $86.73 in after-hours trading.</li>
</ul>
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<li><a href="https://www.benzinga.com/news/24/09/40792510/jim-cramer-says-aes-is-very-inexpensive-recommends-buying-this-industrial-stock">Jim Cramer Says AES Is &#8216;Very Inexpensive&#8217;, Recommends Buying This Industrial Stock</a></li>
</ul>

PLAY

GameStop, Designer Brands And 3 Stocks To Watch Heading Into Wednesday

Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) will release its quarterly earnings report on Wednesday, 2024-09-11. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Oxford Industries to report an earnings per share (EPS) of $3.04.
The market awaits Oxford Industries's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Earnings Track Record</h3>
Last quarter the company missed EPS by $0.02, which was followed by a 0.82% increase in the share price the next day.
Here's a look at Oxford Industries's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.68</td>
<td>1.95</td>
<td>0.96</td>
<td>3.40</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.66</td>
<td>1.90</td>
<td>1.01</td>
<td>3.45</td>
</tr>
<tr>
<td>Price Change %</td>
<td>1.0%</td>
<td>-0.0%</td>
<td>4.0%</td>
<td>1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1725979811_0.png" alt="eps graph" />
<h3>Tracking Oxford Industries's Stock Performance</h3>
Shares of Oxford Industries were trading at $81.88 as of September 09. Over the last 52-week period, shares are down 12.28%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release. 
<h3>Insights Shared by Analysts on Oxford Industries</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Oxford Industries.
The consensus rating for Oxford Industries is Neutral, based on 4 analyst ratings. With an average one-year price target of $100.75, there's a potential 23.05% upside.
<h3>Comparing Ratings with Peers</h3>
The analysis below examines the analyst ratings and average 1-year price targets of G-III Apparel Group, FIGS and Hanesbrands, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>For G-III Apparel Group, analysts project an Neutral trajectory, with an average 1-year price target of $30.5, indicating a potential 62.75% downside.</li>
<li>As per analysts' assessments, FIGS is favoring an Neutral trajectory, with an average 1-year price target of $5.94, suggesting a potential 92.75% downside.</li>
<li>The consensus outlook from analysts is an Neutral trajectory for Hanesbrands, with an average 1-year price target of $6.17, indicating a potential 92.46% downside.</li>
</ul>
<h3>Key Findings: Peer Analysis Summary</h3>
The peer analysis summary presents essential metrics for G-III Apparel Group, FIGS and Hanesbrands, unveiling their respective standings within the industry and providing valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Oxford Industries</td>
<td>Neutral</td>
<td>-5.22%</td>
<td>$258.36M</td>
<td>6.65%</td>
</tr>
<tr>
<td>G-III Apparel Group</td>
<td>Neutral</td>
<td>-2.27%</td>
<td>$275.87M</td>
<td>1.60%</td>
</tr>
<tr>
<td>FIGS</td>
<td>Neutral</td>
<td>4.41%</td>
<td>$97.26M</td>
<td>0.28%</td>
</tr>
<tr>
<td>Hanesbrands</td>
<td>Neutral</td>
<td>-3.83%</td>
<td>$307.07M</td>
<td>-148.24%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Oxford Industries ranks in the middle among its peers for revenue growth. It ranks at the top for gross profit. It ranks at the top for return on equity.
<h3>Get to Know Oxford Industries Better</h3>
Oxford Industries Inc is an apparel manufacturing company that designs, sources, markets, and distributes products under the brand name Tommy Bahama, and Lilly Pulitzer. Tommy Bahama designs, sources, markets, and distributes men's and women's sportswear and related products. Lilly Pulitzer designs, sources, markets, and distributes upscale collections of women's and women's dresses, sportswear, and related products. The company generates a majority of its revenue from the Tommy Bahama division.
<h3>Breaking Down Oxford Industries's Financial Performance</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Oxford Industries's financials over 3 months reveals challenges. As of 30 April, 2024, the company experienced a decline of approximately -5.22% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Oxford Industries's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 9.64% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Oxford Industries's ROE stands out, surpassing industry averages. With an impressive ROE of 6.65%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Oxford Industries's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.4%, the company showcases efficient use of assets and strong financial health.
Debt Management: Oxford Industries's debt-to-equity ratio is below the industry average. With a ratio of 0.64, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<a href="https://www.benzinga.com/quote/OXM/earnings">To track all earnings releases for Oxford Industries visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

What's Next: Oxford Industries's Earnings Preview

Analysts' ratings for Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $100.75, along with a high estimate of $110.00 and a low estimate of $91.00. Observing a downward trend, the current average is 2.89% lower than the prior average price target of $103.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1725566500_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Oxford Industries. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$110.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Mauricio Serna</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$91.00</td>
<td>$101.00</td>
</tr>
<tr>
<td>Paul Lejuez</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Sell</td>
<td>$92.00</td>
<td>$94.00</td>
</tr>
<tr>
<td>Dana Telsey</td>
<td>Telsey Advisory Group</td>
<td>Maintains</td>
<td>Market Perform</td>
<td>$110.00</td>
<td>$110.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Oxford Industries. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Oxford Industries compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Oxford Industries's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
For valuable insights into Oxford Industries's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/OXM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Oxford Industries analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>About Oxford Industries</h2>
Oxford Industries Inc is an apparel manufacturing company that designs, sources, markets, and distributes products under the brand name Tommy Bahama, and Lilly Pulitzer. Tommy Bahama designs, sources, markets, and distributes men's and women's sportswear and related products. Lilly Pulitzer designs, sources, markets, and distributes upscale collections of women's and women's dresses, sportswear, and related products. The company generates a majority of its revenue from the Tommy Bahama division.
<h3>Financial Insights: Oxford Industries</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Oxford Industries's revenue growth over a period of 3 months has faced challenges. As of 30 April, 2024, the company experienced a revenue decline of approximately -5.22%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Oxford Industries's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 9.64% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Oxford Industries's ROE excels beyond industry benchmarks, reaching 6.65%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 3.4%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.64.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Beyond The Numbers: 4 Analysts Discuss Oxford Industries Stock

G-III Apparel Group (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/giii#NASDAQ">GIII</a>) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 85.71%. A quarter ago, it was expected that this clothing and accessories maker would post a loss of $0.05 per share when it actually produced earnings of $0.12, delivering a surprise of 340%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
G-III Apparel, which belongs to the Zacks Textile - Apparel industry, posted revenues of $644.76 million for the quarter ended July 2024, missing the Zacks Consensus Estimate by 0.84%. This compares to year-ago revenues of $659.76 million. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.
G-III Apparel shares have lost about 26.3% since the beginning of the year versus the S&amp;P 500&#39;s gain of 15.7%.
<h2>What&#39;s Next for G-III Apparel?</h2>
While G-III Apparel has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for G-III Apparel: mixed. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $2.48 on $1.12 billion in revenues for the coming quarter and $3.63 on $3.2 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Textile - Apparel is currently in the bottom 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Oxford Industries (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oxm#NYSE">OXM</a>), is yet to report results for the quarter ended July 2024. The results are expected to be released on September 11.
This owner of the Tommy Bahama, Lilly Pulitzer and Southern Tide clothing lines is expected to post quarterly earnings of $3.05 per share in its upcoming report, which represents a year-over-year change of -11.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Oxford Industries&#39; revenues are expected to be $440.1 million, up 4.7% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2331896/g-iii-apparel-group-giii-beats-q2-earnings-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2331896">To read this article on Zacks.com click here.</a>

Earnings Beats

Small Cap

GIII

G-III Apparel Group Beats Q2 Earnings Estimates

Telsey Advisory Group analyst Dana Telsey maintains Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) with a Market Perform and maintains $110 price target.

Telsey Advisory Group Maintains Market Perform on Oxford Industries, Maintains $110 Price Target

UBS analyst Mauricio Serna maintains Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) with a Neutral and lowers the price target from $101 to $91.

UBS Maintains Neutral on Oxford Industries, Lowers Price Target to $91

Oxford Industries stock deep in red after results and forecast disappoint

Oxford Industries, Inc. (OXM) Q2 2024 Earnings Call Transcript

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Oxford Industries declares $0.67 dividend

In a report released today, Dana Telsey from Telsey Advisory maintained a Hold rating on Oxford Industries (OXM – Research Report), with a price ta...

Telsey Advisory Keeps Their Hold Rating on Oxford Industries (OXM)

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Oxford Industries: Important Q2 2024 Was Disappointing, The Stock Remains A Hold

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Press Releases

Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was Reports Third Quarter Results

Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was to Participate in the ICR Conference 2024

Oxford to Release Fourth Quarter Fiscal 2023 Results on March 28, 2024

Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was Reports Fourth-Quarter and Full-Year Fiscal 2023 Results; Posts 11% Annual Sales Growth; Announces 3% Increase in Quarterly Dividend

Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was to Participate in the 19th Annual Needham Technology, Media, & Consumer Conference

Oxford to Release First Quarter Fiscal 2024 Results on June 12, 2024

Dividends

Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was Reports First-Quarter Results

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General

Tommy Bahama x Club Car Special Edition Onward Car Now Available

Oxford to Release Second Quarter Fiscal 2024 Results on September 11, 2024

Oxford: Owner of Tommy Bahama, Lilly Pulitzer and Johnny Was Reports Second Quarter Results

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