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Oxford Industries Inc. (OXM) Is Slipping On Q2 Outlook

Oxford Industries Inc. (OXM) reported first quarter EPS of $1.28 after the close Tuesday, which topped the consensus estimate of $1.23. The company expects to report second quarter EPS of $1.75 to $1.85 and full year EPS of $4.45 to $4.65. Street expectations are for EPS of $1.95 and $4.55.

Oxford Industries gapped open lower Wednesday morning and is now down 3.82 at $88.69 on above average volume. The stock is pulling back from the highs of the year.

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