U.S. Movers: Hooker Furnishing, Oracle, Oxford Industries

Scott Peters
12 Jun, 2025
New York City

Oracle Corp. surged 7.6% to $189.75 after the database management company reported results for the fiscal fourth quarter of 2025 ending on May 31.

Revenue increased to $15.90 billion from $14.29 billion, net income edged up to $3.43 billion from $3.14 billion, and diluted earnings per share rose to $1.19 from $1.11 a year ago.

Cloud revenue was up 27% to $6.7 billion, and cloud infrastructure sales were up 52% to $3.0 billion in the quarter.

For the full year, revenue jumped to $57.40 billion from $52.96 billion, net income climbed to $12.44 billion from $10.47 billion, and diluted earnings per share rose to $4.34 from $3.71 a year earlier.

Oxford Industries Inc. plunged 8.4% to $45.80 after the parent company of Tommy Bahama and Lily Pulitzer reported results for the fiscal first quarter of 2025 ending on May 3.

Net sales declined to $392.86 million from $398.18 million, net earnings slipped to $26.18 million from $38.37 million, and diluted earnings per share fell to $1.70 from $2.42 a year ago.

The company proposed a dividend of 69 cents per share, compared to 67 cents a year earlier, payable on August 1 to shareholders on record on July 18.

Oxford Industries revised its fiscal 2025 outlook to include $40 million in additional tariff costs, or $2.00 per share on an after-tax basis.

The company now estimates full-year net sales to be between $1.47 billion and $1.51 billion, compared to $1.52 billion; GAAP earnings per share between $2.28 and $2.68, compared to $5.87; and adjusted earnings per share between $2.80 and $3.20, compared to $6.68 in 2024, respectively.

Hooker Furnishings Corp. dropped 2.7% to $11.06 after the designer of home furnishings reported results for the first quarter of fiscal 2026 ending on May 4.

Net sales declined to $85.32 million from $93.57 million, net loss shrank to $3.05 million from a loss of $4.09 million, and diluted loss per share narrowed to 29 cents from a loss of 39 cents a year ago.

“We are executing a multi-phase cost reduction strategy aimed at achieving approximately $25 million in annualized savings by fiscal year 2027,” the company said in a release to investors.

The company has approved a quarterly cash dividend of 23 cents per share payable on June 30 to shareholders on record on June 16.