Shares of Oxford Industries (OXM) - Get Report tumbled 6.2% to $74.60 Thursday after the maker of Tommy Bahama, Southern Tide and other apparel brands missed Wall Street's second-quarter earnings and sales forecasts.

The Atlanta-based company reported earnings of $29.9 million, or $1.76 a share, in the second quarter, compared with $27.2 million, or $1.61 a share, a year ago. Adjusted earnings came to $1.84 a share, missing analysts' expectations of $1.86.

Sales totaled $302 million, down from $302.6 million a year ago, and missed Wall Street's estimate of $308 million in sales.

This result included a 3% increase in comparable sales with increases at both Tommy Bahama and Lilly Pulitzer. The increase in direct-to-consumer sales was offset by lower wholesale sales.

Oxford Industries adjusted its 2019 guidance to "reflect the estimated impact of tariffs." The company expects earnings to range from $4.15 and $4.35 a share, with adjusted earnings to range from $4.25 and $4.45 a share. Sales are expected to range from $1.135 billion to $1.155 billion.

"We continue to focus on executing our growth strategies while working to minimize the impact of additional tariffs on both our consumers and our financial results," Thomas C. Chubb III, chairman and CEO, said in a statement. "While we have revised our outlook for the year to reflect the estimated increase in cost of goods associated with these tariffs on the back half of the year, we are still on track to deliver solid results in 2019 with confidence in the strength of our brands and our talented and dedicated people."