Oxford Industries Reports $394 Million Q2 Sales and EPS Growth to $3.25
Oxford Industries announced Q2 2026 results showing consolidated net sales of $394 million and GAAP earnings per share of $3.25. The company attributed its performance to tariff refunds but warned of reduced guidance due to challenges in the Lilly Pulitzer segment.
Atlanta, Sept. 03, 2026 – Oxford Industries, Inc. reported second quarter results for fiscal 2026, concluding with consolidated net sales of $394 million. This figure represents a decrease from $403 million recorded in the same period last year. On a GAAP basis, earnings per share reached $3.25, up significantly from $1.12 in fiscal 2025. Management noted that the current period included a $2.07 tariff-related refund impact recognized during the quarter. Adjusted EPS for the period totaled $1.34 against $1.26 in the prior year. Chairman and CEO Tom Chubb stated that adjusted earnings grew year over year and comparable sales at Tommy Bahama increased by a low single digit percentage. He highlighted that cash flow from the first half, combined with previously received tariff refunds, allowed the company to reduce its debt levels. Chubb acknowledged that positive momentum at Tommy Bahama was offset by softness in other portfolio segments, specifically citing Lilly Pulitzer facing addressable product and marketing challenges alongside broader consumer economic pressure. Consequently, Oxford Industries lowered its guidance for fiscal 2026 and initiated actions to position the business for profitable growth.
