Oxford Industries stock tanks 9% after Tommy Bahama’s parent dials down outlook, citing ‘pressures’
June 07, 2023 at 16:38 PM EDT
Shares of Oxford Industries Inc. drop more than 9% in the extended session Wednesday after the Tommy Bahama and Lilly Pulitzer parent reports better-than-expected quarterly earnings but lowers its guidance for the year, saying it was under "macroeconomic pressures."
