Oxford Industries: Weak Q2 Results, But Future Stability Expected
Oxford Industries(OXM) Seeking Alpha·2024-09-13 01:27
onurdongel I last covered Oxford Industries, Inc. (NYSE:OXM) in February; I put out a Buy rating at the time based on discounted-earnings undervaluation and reasonably strong growth, including notes on a potential target market opportunity in upper-class luxury, a slight shift from management's current focus on middle-class consumers. Now, the company has had its Q2 2024 results, and the stock is down about 10% in pre-market hours as I write this due to a weak Q2 report. The total return since my last analy ...