Oxford Industries, the owner of Tommy Bahama and various clothing brands, has cautioned about a slowdown in sales which resulted in poorer-than-anticipated guidance, leading to a decline in its stock value. The company predicts adjusted earnings per share for fiscal 2025 to range between $4.60 and $5.00, falling short of the $6.92 forecasted by Visible Alpha. CEO Tom Chubb attributes this to reduced consumer spending and worsening consumer sentiment affecting demand. CFO Scott Grassmyer mentioned during a conference call that the company expects a decrease of 50 to 100 basis points in gross margin for the year due to tariffs and anticipates a lower proportion of full-priced direct-to-consumer sales.

Despite the cautious outlook, Oxford reported a better-than-expected fiscal fourth quarter with an adjusted EPS of $1.37 on revenue of $390.5 million. Tommy Bahama sales decreased by 3% to $237.6 million, Lilly Pulitzer sales dropped by 6% to $74.0 million, and Johnny Was sales declined by 9% to $47.4 million. Chubb expressed satisfaction with the company's performance during the holiday season, despite the reductions. The stock has experienced a significant decrease in value over the past year, dropping by almost half.