Oxford Industries (OXM) Q2 2025 Financial Results Summary

# Oxford Industries, Inc. (OXM) Q2 2025 Financial Results Summary

ATLANTA, September 10, 2025 – Oxford Industries, Inc. (NYSE:OXM) released its financial results for the second quarter of fiscal 2025, which ended on August 2, 2025.

## Key Financial Metrics

– **Consolidated Net Sales**:
– Q2 2025: $403 million
– Q2 2024: $420 million
– **Decrease**: **-4.0%**

– **Earnings Per Share (EPS)**:
– GAAP EPS:
– Q2 2025: $1.12
– Q2 2024: $2.57
– **Decrease**: **-56.5%**
– Adjusted EPS:
– Q2 2025: $1.26
– Q2 2024: $2.77
– **Decrease**: **-54.5%**

## Sales by Operating Group

– **Tommy Bahama**:
– Q2 2025: $229.0 million
– Q2 2024: $245.1 million
– **Decrease**: **-6.6%**

– **Lilly Pulitzer**:
– Q2 2025: $90.3 million
– Q2 2024: $91.7 million
– **Decrease**: **-1.5%**

– **Johnny Was**:
– Q2 2025: $45.4 million
– Q2 2024: $50.3 million
– **Decrease**: **-9.7%**

– **Emerging Brands**:
– Q2 2025: $38.5 million
– Q2 2024: $32.9 million
– **Increase**: **+17.0%**

– **Total Company**:
– Q2 2025: $403.1 million
– Q2 2024: $419.9 million
– **Decrease**: **-4.0%**

### Additional Performance Metrics
– **Gross Margin**:
– GAAP:
– Q2 2025: 61.4%
– Q2 2024: 63.1%
– **Decrease**: **-2.7%**
– Adjusted:
– Q2 2025: 61.7%
– Q2 2024: 63.3%
– **Decrease**: **-2.5%**

– **Selling, General and Administrative Expense (SG&A)**:
– Q2 2025: $226 million
– Q2 2024: $217 million
– **Increase**: **+4.0%**

– **Operating Income**:
– GAAP:
– Q2 2025: $25 million (6.3% of net sales)
– Q2 2024: $53 million (12.5% of net sales)
– **Decrease**: **-51.6%**
– Adjusted:
– Q2 2025: $28 million (7.0% of net sales)
– Q2 2024: $57 million (13.5% of net sales)
– **Decrease**: **-50.2%**

– **Net Earnings**:
– Q2 2025: $16.7 million
– Q2 2024: $40.6 million
– **Decrease**: **-58.9%**

## Balance Sheet Highlights

– **Inventory**:
– Increased by $27 million, or **19%** on a LIFO basis, compared to Q2 2024.

– **Cash Flow from Operations**:
– First half of 2025: $80 million
– First half of 2024: $122 million
– **Decrease**: **-34.4%**

– **Debt**:
– Borrowings increased to $81 million, compared to no borrowings at the end of Q2 2024.

## Dividend Declaration

– A quarterly cash dividend of **$0.69 per share** has been declared, which is payable on October 31, 2025, to shareholders of record as of October 17, 2025.
– This marks the continuation of quarterly dividends since the company went public in 1960.

## Share Repurchase Program

– The company executed share repurchases amounting to **$55 million** during the first half of fiscal 2025.

## Guidance for Fiscal 2025

– **Net Sales**: Expected in a range of **$1.475 billion to $1.515 billion**, compared to net sales of **$1.52 billion** for fiscal 2024.
– **GAAP EPS**: Projected between **$2.35 and $2.75**, down from **$5.87** in fiscal 2024.
– **Adjusted EPS**: Forecasted between **$2.80 and $3.20**, compared to **$6.68** in fiscal 2024.

## Conclusion

Oxford Industries, Inc.’s Q2 2025 results reflect a challenging environment influenced by tariffs and macroeconomic factors but highlight the company’s strategic efforts to mitigate adverse impacts and adapt to changing market dynamics.