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

About this update from Oxford Industries, Inc.

ATLANTA -- Oxford Industries, Inc. (NYSE:OXM) today announced financial results for its third quarter of fiscal 2025 ended November 1, 2025 . Consolidated net sales in the third quarter of fiscal 2025 were $307 million compared to $308 million in the third quarter of fiscal 2024. Loss per share on a GAAP basis was $4.28 compared to $0.25 in the third quarter of fiscal 2024. On an adjusted basis, loss per share was $0.92 compared to $0.11 in the third quarter of fiscal 2024. The third quarter of fiscal 2025 GAAP results include noncash impairment charges primarily associated with Johnny Was totaling $61 million , or $3.05 per share. Tom Chubb , Chairman and CEO, commented, 'Our third quarter results came in as expected and reflect the disciplined execution across our brands in a highly competitive and promotional environment. While we witnessed pockets of strength within our businesses, consumers have become increasingly choiceful, especially with respect to the more discretionary aspects of their wardrobe. As we entered the holiday season, our customers have been highly value-driven, seeking both compelling promotions and new, innovative products.' Mr. Chubb concluded, 'The start of the holiday season has been softer than we planned, influenced by a combination of tariff related product gaps in certain critical seasonal categories and a more promotional retail environment. We are working quickly and taking thoughtful actions to align our assortments and promotional strategies with current consumer preferences and demand patterns. With these adjustments and a more cautious view of the remainder of the year, we now expect full-year performance to be below our prior outlook. Even with these near-term challenges, we remain focused on disciplined inventory and expense management, supporting our strong portfolio of brands, and investing for long-term growth. I want to thank our exceptional team for their continued commitment and hard work.' Third Quarter of Fiscal 2025 versus Fiscal 2024: See full release at: https://investor.oxfordinc.com/news-releases/news-release-details/oxford-owner-tommy-bahama-lilly-pulitzer-and-johnny-was-19 (C) 2025 Electronic News Publishing, source ENP Newswire

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