
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Levi's (NYSE: LEVI) and its peers.
Thanks to social media and the internet, not only are styles changing more frequently today than in decades past but also consumers are shifting the way they buy their goods, favoring omnichannel and e-commerce experiences. Some apparel and accessories companies have made concerted efforts to adapt while those who are slower to move may fall behind.
The 16 apparel and accessories stocks we track reported a strong Q3. As a group, revenues beat analysts’ consensus estimates by 2.1% while next quarter’s revenue guidance was in line.
In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results.
Levi's (NYSE: LEVI)
Credited for inventing the first pair of blue jeans in 1873, Levi's (NYSE: LEVI) is an apparel company renowned for its iconic denim products and classic American style.
Levi's reported revenues of $1.54 billion, up 7% year on year. This print exceeded analysts’ expectations by 2.9%. Overall, it was a strong quarter for the company with a solid beat of analysts’ constant currency revenue estimates and a beat of analysts’ EPS estimates.

Unsurprisingly, the stock is down 16.3% since reporting and currently trades at $20.59.
Is now the time to buy Levi's? Access our full analysis of the earnings results here, it’s free for active Edge members.
Best Q3: Figs (NYSE: FIGS)
Rising to fame via TikTok and founded in 2013 by Heather Hasson and Trina Spear, Figs (NYSE: FIGS) is a healthcare apparel company known for its stylish approach to medical attire and uniforms.
Figs reported revenues of $151.7 million, up 8.2% year on year, outperforming analysts’ expectations by 6.4%. The business had an incredible quarter with a beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates.

The market seems happy with the results as the stock is up 51% since reporting. It currently trades at $11.36.
Is now the time to buy Figs? Access our full analysis of the earnings results here, it’s free for active Edge members.
Slowest Q3: Movado (NYSE: MOV)
With its watches displayed in 20 museums around the world, Movado (NYSE: MOV) is a watchmaking company with a portfolio of watch brands and accessories.
Movado reported revenues of $186.1 million, up 3.1% year on year, in line with analysts’ expectations. It was a softer quarter as it posted a significant miss of analysts’ EPS estimates.
Interestingly, the stock is up 6.2% since the results and currently trades at $20.64.
Read our full analysis of Movado’s results here.
Oxford Industries (NYSE: OXM)
The parent company of Tommy Bahama, Oxford Industries (NYSE: OXM) is a lifestyle fashion conglomerate with brands that embody outdoor happiness.
Oxford Industries reported revenues of $307.3 million, flat year on year. This result surpassed analysts’ expectations by 0.6%. Aside from that, it was a slower quarter as it recorded full-year EPS guidance missing analysts’ expectations significantly and EPS guidance for next quarter missing analysts’ expectations significantly.
The stock is down 15.5% since reporting and currently trades at $34.20.
Read our full, actionable report on Oxford Industries here, it’s free for active Edge members.
Columbia Sportswear (NASDAQ: COLM)
Originally founded as a hat store in 1938, Columbia Sportswear (NASDAQ: COLM) is a manufacturer of outerwear, sportswear, and footwear designed for outdoor enthusiasts.
Columbia Sportswear reported revenues of $943.4 million, up 1.3% year on year. This print beat analysts’ expectations by 2.7%. Zooming out, it was a slower quarter as it produced full-year EPS guidance missing analysts’ expectations significantly and a significant miss of analysts’ EPS estimates.
The stock is up 7% since reporting and currently trades at $55.12.
Read our full, actionable report on Columbia Sportswear here, it’s free for active Edge members.
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