The Latest Breaking News from OXM

Oxford Industries, Inc. (NYSE:OXM) will release earnings results for the second quarter, after the closing bell on Wednesday, Sept. 10.

The S&P 500 gained 1.11% yesterday. Meanwhile, Oxford Industries hit another new 52-week low, the 47th of the past 12 months. Its stock trades within 18 cents of its five-year low. It could be time to buy.

Citi analyst Paul Lejuez raised the price target on Oxford Industries Inc (NYSE: OXM) to $92 (6% downside) from $86. Meanwhile, the analyst kept the Sell rating on the shares.

Oxford Industries Inc (NYSE:OXM) reported first-quarter FY22 sales growth of 33% year-on-year to $352.6 million, beating the consensus of $329.02 million. Net sales from Tommy Bahama increased 46% Y/Y, Lilly Pulitzer rose 25%, and Emerging Brands gained 42%. Full price e-commerce sales grew 20% compared to Q1 FY21. Restaurant sales climbed 23%, and…

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Although small-cap stocks are considered risky investments, their higher growth potential often attracts investors to them. And since the economy is expected to grow steadily this year, we think undervalued small-cap stocks ICF International (ICFI), Vector Group (VGR), Oxford Industries (OXM), Scholastic (SCHL), and Golden Entertainment (GDEN) could deliver solid…