Oxford Industries Profit Guidance Miss
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Tommy Bahama salesInvestopedia
•Business
Business & Economics
Tommy Bahama Owner Oxford Stock Falls on Warning of Sales Slowdown, Tariffs

87% Informative
Tommy Bahama owner Oxford Industries warned consumers are pulling back on their spending and new tariffs will impact results.
CEO Tom Chubb said deterioration in consumer sentiment impacted demand.
The company gave full-year profit guidance that missed forecasts.
Shares, which dropped 4% Friday morning , have lost nearly half their value in the past year .
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