Oxford Industries

Q2 FY2027 EarningsQ2 FY26 revenue of $394.4M was in-line with consensus, but performance was polarized as Tommy Bahama’s 0.8% growth was offset by a 5.6% decline at Lilly Pulitzer. Adjusted EPS of $1.34 slightly beat the $1.31 consensus, primarily aided by a $42M tariff refund that boosted GAAP results significantly. However, management lowered FY26 guidance, expecting full-year adjusted EPS of $1.60-$2.00 vs. prior expectations, citing ongoing macro pressures and merchandising challenges.