The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Oxford Industries (NYSE: OXM) and the rest of the consumer discretionary - apparel and accessories stocks fared in Q4.

The Consumer Discretionary sector, by definition, is made up of companies selling non-essential goods and services. When economic conditions deteriorate or tastes shift, consumers can easily cut back or eliminate these purchases. For long-term investors with five-year holding periods, this creates a structural challenge: the sector is inherently hit-driven, with low switching costs and fickle customers. As a result, only a handful of companies can reliably grow demand and compound earnings over long periods, which is why our bar is high and High Quality ratings are rare. Apparel and accessories companies design, brand, and distribute clothing, handbags, jewelry, and related lifestyle products, often spanning multiple price tiers. Tailwinds include premiumization trends (consumers trading up for perceived quality), international expansion into emerging markets, and growing digital commerce penetration. However, these businesses face headwinds from highly cyclical demand, intense promotional environments, and counterfeit competition undermining brand equity. Tariff volatility and sourcing concentration in a handful of countries add risk. Additionally, rapidly changing fashion cycles and the rise of ultra-fast-fashion digital competitors compress product life cycles and make demand forecasting exceptionally difficult.

The 15 consumer discretionary - apparel and accessories stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 4.1% while next quarter’s revenue guidance was 1.1% below.

Thankfully, share prices of the companies have been resilient as they are up 5.5% on average since the latest earnings results.

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 $374.5 million, down 4.1% year on year. This print exceeded analysts’ expectations by 0.7%. Despite the top-line beat, it was still a softer quarter for the company with full-year EPS guidance missing analysts’ expectations and a significant miss of analysts’ adjusted operating income estimates.

Tom Chubb, Chairman and CEO, commented, “Momentum in our largest business, Tommy Bahama, improved as the quarter progressed, with trends strengthening beginning in late January. This momentum helped us deliver fourth quarter net sales and adjusted earnings per share within our guidance ranges, excluding charges associated with the bankruptcy of Saks Global, against the backdrop of an uneven consumer environment. While traffic and conversion trends were pressured across much of our portfolio during the holiday season, and higher tariffs increased our costs, the strategic actions we took to strengthen our supply chain and diversify our sourcing allowed us to protect our strong gross margins. We also adjusted our merchandise assortments to better match customer expectations, important actions that helped return overall comparable sales to positive territory as fiscal 2025 concluded.”

Interestingly, the stock is up 34.2% since reporting and currently trades at $42.81.

Read our full report on Oxford Industries here, it’s free.

Best Q4: 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 $201.9 million, up 33% year on year, outperforming analysts’ expectations by 21.8%. The business had an incredible quarter with a beat of analysts’ EPS and EBITDA estimates.

Figs scored the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 13.6% since reporting. It currently trades at $14.17.

Is now the time to buy Figs? Access our full analysis of the earnings results here, it’s free.

Weakest Q4: G-III (NASDAQ: GIII)

Founded as a small leather goods business, G-III (NASDAQ: GIII) is a fashion and apparel conglomerate with a diverse portfolio of brands.

G-III reported revenues of $771.5 million, down 8.1% year on year, falling short of analysts’ expectations by 2.6%. It was a disappointing quarter as it posted full-year EBITDA guidance missing analysts’ expectations significantly and a significant miss of analysts’ adjusted operating income estimates.

G-III delivered the weakest performance against analyst estimates and slowest revenue growth in the group. The stock is flat since the results and currently trades at $29.58.

Read our full analysis of G-III’s results here.

Tapestry (NYSE: TPR)

Originally founded as Coach, Tapestry (NYSE: TPR) is an American fashion conglomerate with a portfolio of luxury brands offering high-quality accessories and fashion products.

Tapestry reported revenues of $2.50 billion, up 14% year on year. This number surpassed analysts’ expectations by 7.7%. It was a stunning quarter as it also logged full-year EPS guidance exceeding analysts’ expectations and full-year revenue guidance exceeding analysts’ expectations.

Tapestry had the weakest full-year guidance update among its peers. The stock is up 17% since reporting and currently trades at $152.00.

Read our full, actionable report on Tapestry here, it’s free.

Kontoor Brands (NYSE: KTB)

Founded in 2019 after separating from VF Corporation, Kontoor Brands (NYSE: KTB) is a clothing company known for its high-quality denim products.

Kontoor Brands reported revenues of $1.02 billion, up 45.6% year on year. This result topped analysts’ expectations by 4%. Overall, it was a strong quarter as it also recorded full-year EPS guidance exceeding analysts’ expectations and an impressive beat of analysts’ adjusted operating income estimates.

Kontoor Brands scored the fastest revenue growth among its peers. The stock is up 11% since reporting and currently trades at $71.93.

Read our full, actionable report on Kontoor Brands here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.