U.S. Movers: Broadcom, Oxford Industries

Scott Peters
12 Dec, 2025
New York City

Broadcom Inc. decreased 6.5% to $379.79 despite the advanced chip designer's fiscal fourth-quarter results surpassing market expectations. 

Revenue soared 28% to $18.0 billion from $14.0 billion, net income soared 97% to $8.5 billion from $4.3 billion, and diluted earnings per share jumped 93% to $1.74 from 90 cents a year ago. 

The company issued a solid outlook for the current year, driven by a strong demand for its AI chips. 

The company estimated fiscal first quarter 2026 revenue to rise to $19.1 billion and adjusted operating earnings margin to be 67% of projected revenue. 

"We see the momentum continuing in Q1 and expect AI semiconductor revenue to double year-over-year to $8.2 billion, driven by custom AI accelerators and Ethernet AI switches," said the company's CEO Hock Tan in a statement released to investors.

 CEO Tan confirmed that the company's order backlog has swelled to $73 billion, which the company plans to fulfill over the next six quarters. 

Broadcom revealed Anthropic as the mystery buyer, and the AI model start-up placed an additional order of $11 billion, on top of the $10 billion order confirmed in September. 

Oxford Industries extended the previous session's 22% decline by a fraction and traded at $31.06 after the apparel retailer confirmed the slow start of the holiday season. 

Revenue in the fiscal third quarter declined to $307.3 million from $308.0 million, net loss expanded to $63.7 million from $3.9 million, and diluted loss per share advanced to $4.25 from 25 cents a year ago. 

Despite the company declaring a quarterly dividend, investors worried that future payments may be in jeopardy amid rising losses and negative effects of tariffs. 

"The company's current annual EPS and adjusted EPS guidance reflect a net tariff impact of approximately $25 million to $30 million, or approximately $1.25 to $1.50 per share," said the company in the earnings release.  

The company declared a 69-cent-per-share quarterly dividend to shareholders on record on January 16, 2026, and payable on January 30, 2026. 

Oxford Industries revised its sales and adjusted earnings outlook for the fiscal year 2025 ending at the end of January 2026. 

The retailer lowered its annual sales outlook range to between $1.47 billion and $1.49 billion from $1.52 billion in fiscal 2024. 

The company estimated GAAP earnings per share to range between $1.32 and $1.52, compared to $5.87 in fiscal 2024, reflecting noncash impairment charges of $61 million, or $3.05 per share, primarily associated with the Johnny Was purchase in 2022.