Tommy Bahama Parent Oxford Industries Stock Rallies On Q2 Earnings
1. OXM's Q2 earnings beat estimates at $1.26 per share. 2. Quarterly revenue was $403.14 million, missing estimates of $410.85 million. 3. Full-price direct-to-consumer sales decreased by 4%. 4. CEO noted strong gross margins amid tariff challenges. 5. OXM shares rose 12.74% to $45.55 post-results.