Here's What Key Metrics Tell Us About Oxford Industries (OXM) Q1 Earnings

OXM

For the quarter ended April 2023, Oxford Industries (OXM - Free Report) reported revenue of $420.1 million, up 19.2% over the same period last year. EPS came in at $3.78, compared to $3.50 in the year-ago quarter.

The reported revenue represents a surprise of +0.24% over the Zacks Consensus Estimate of $419.1 million. With the consensus EPS estimate being $3.74, the EPS surprise was +1.07%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Oxford Industries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Sales- Emerging Brands: $34 million versus the two-analyst average estimate of $33.68 million.
  • Net Sales- Johnny Was: $49.50 million versus $45.83 million estimated by two analysts on average.
  • Net Sales- Corporate and Other: -$0.30 million compared to the $0.71 million average estimate based on two analysts. The reported number represents a change of -142.9% year over year.
  • Net Sales- Lilly Pulitzer: $97.50 million compared to the $94.83 million average estimate based on two analysts. The reported number represents a change of +6% year over year.
  • Net Sales- Tommy Bahama: $239.40 million compared to the $242.91 million average estimate based on two analysts. The reported number represents a change of +5% year over year.
View all Key Company Metrics for Oxford Industries here>>>

Shares of Oxford Industries have returned -2.1% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How To Profit From Trillions On Spending For Infrastructure >>