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Why Oxford Industries Stock Jumped 23% Today

Key Points Oxford Industries beat analyst expectations for earnings despite a 54% year-over-year profit decline. The stock is still down 39% over the past year, even though it saw a robust 23% jump today. This looks more like a risky turnaround play rather than a genuine business recovery. 10 stocks we like better than Oxford Industries › Shares of Oxford Industries (NYSE: OXM) looked stylish on Thursday morning. The company behind popular clothing brands like Tommy Bahama and Duck Head reported ...