Oxford Industries Reports $7.1M Q4 Loss, Raises Dividend to $0.70 and Issues Fiscal 2026 Guidance
Oxford Industries posted a fiscal Q4 GAAP loss of $7.1 million (48¢ per share) and an adjusted loss of 9¢ on $374.5 million in revenue, missing analysts’ 5¢ EPS forecast. It raised its quarterly dividend to $0.70, forecast Q1 revenue of $385M–$395M and full-year EPS of $2.10–$2.70.
1. Fiscal Fourth Quarter Results
Oxford Industries recorded a GAAP loss of $7.1 million, or 48¢ per share, and an adjusted loss of 9¢ on revenue of $374.5 million, below the 5¢ per share analysts had projected. Consolidated net sales declined 4% from the prior year’s $390.5 million, driven by weaker Tommy Bahama and Johnny Was performance.
2. Fiscal 2026 Guidance
For the quarter ending April, the company expects EPS of $1.20 to $1.30 and revenue between $385 million and $395 million. Full-year fiscal 2026 guidance calls for adjusted EPS of $2.10 to $2.70 and revenue of $1.48 billion to $1.53 billion, assuming current tariff rates remain in place.
3. Dividend Increase
The board approved a quarterly dividend increase from $0.60 to $0.70 per share, marking the fifth consecutive annual increase and underscoring confidence in cash flow generation despite near-term headwinds.
4. Brand Performance and Margin Trends
Net sales by segment showed Tommy Bahama down 4%, Lilly Pulitzer down 1%, Johnny Was down 20% and Emerging Brands up 7%. Gross margin contracted to 56.8% in Q4 from 60.6% last year due to higher tariffs, mix shifts and LIFO charges, partially offset by improved freight rates and a lower wholesale mix.