Half Moon Capital on Oxford Industries $OXM

The team from Half Moon Capital, Eric DeLamarter and Brandon Carnovale, come on the pod to discuss their thesis on Oxford Industries (OXM). OXM owns the Tommy Bahama and Lily Pulitzer brands, and Half Moon thinks the market is underestimating the strength of those brands for a variety of reasons.   Half Moon's OXM thesis: https://acrobat.adobe.com/id/urn:aaid:sc:VA6C2:aec0338f-33d0-4e35-b956-ac6aa024167a?viewer%21megaVerb=group-discover  Chapters  0:00 Intro  2:20 OXM overview  5:00 Tommy Bahama brand strength  8:55 Could Tommy Bahama follow the LULU brand path?  16:05 OXM's valuation  22:10 Did Tommy Bahama over-earn during COVID?  28:00 OXM management 36:10 Capital Allocation and OXM's recent Johnny Was acquisition  38:30 CROX HEYDUDE acquisition and learnings for OXM  43:10 A little more on Tommy Bahama and the California branded hotel  47:30 OXM's margins and current competitive environment  53:30 Tommy Bahama's inventory risk