0839 ET - Oxford Industries reported a solid F4Q that was overshadowed by guidance for the tough year ahead, KeyBanc analysts Ashley Owens and Chris Brazeau say in a research note. The outlook assumes declines in the Johnny Was and Tommy Bahama brands, pressure from tariffs, lower full-price sales and growing overheads from stores and its upcoming distribution center in Georgia, the analysts say. The company's execution has been challenged by consumer distractions and weather-related events, they say, and the unstable macro environment will create even more obstacles in 2025. The analysts downgrade the company to sector weight from overweight. Oxford Industries slides 12% premarket. (dean.seal@wsj.com)
(END) Dow Jones Newswires
March 28, 2025 08:39 ET (12:39 GMT)
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