Tommy Bahama owner Oxford lowers profit outlook due to consumer caution and tariffs

From Yahoo Finance: 2025-06-12 10:07:00

Oxford Industries, parent company of Tommy Bahama, lowers 2025 profit outlook due to weakened consumer sentiment and tariffs. Tariffs expected to increase expenses by $40 million. First-quarter revenue beats estimates but shares drop 10%. CEO cites consumer caution and tariff impact for reduced guidance. Tommy Bahama sales down 4%, Johnny Was down 15%, Lilly Pulitzer up 12%. Oxford Industries shares down 45% in 2025.

Read more: Tommy Bahama Owner Oxford Cuts Outlook on Soft Consumer Demand, Tariff Impact