The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Tracy Kogan - Citi Infrastructure Investments LLC - Analyst
: Hi. It's Tracy Kogan filling in for Paul. I had a question about what you're seeing quarter to date. And outside of the key sweater category,
can you talk about the trends there in some of those other categories and also talk about trends by brand quarter to date. Is it pretty
broad-based weakness you're seeing across the brands? Or is there a big deviation of one brand or the other? Thank you, guys.
Question: Tracy Kogan - Citi Infrastructure Investments LLC - Analyst
: Great. Thank you, guys. Have a great holiday.
Question: Mauricio Serna - UBS AG - Analyst
: Great. Thanks for taking my questions. I guess, I understand now in this fourth quarter, you're experiencing some assortment issues that's
related to the sweaters and the move out of China for that -- for this particular season. But as you think about the spring 2026 season, how
are you thinking about your assortment, how ready you are in terms of different -- the three big brands, I guess, and the potential for maybe
after getting through this bit of a hiccup in Q4 maybe having stronger results in the first half of next year? Thank you.
Question: Mauricio Serna - UBS AG - Analyst
: Got it. And just a reminder, what kind of price increase are you planning for Spring '26 to offset the tariffs?
K. Scott Grassmyer - Oxford Industries Inc - Executive Vice President, Chief Financial Officer, Chief Operating Officer
Yeah. It's kind of varying, but it's ranging from 4% to say 8%, but some of it, the ones that are more in the 8% or more of the -- it's more a
little more elevated in mix. So I think for the tariff piece of it around four which kind of offsets the dollar impact. Yeah, not quite the margin
impact, but the dollar impact.
|
