Oxford Industries Reports Weak Results, Joins Viper Energy And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
OXMOxford Industries(OXM) Benzinga·2024-09-12 20:02

U.S. stock futures were higher this morning, with the Dow futures gaining around 0.2% on Thursday.Shares of Oxford Industries, Inc.  OXM shares declined 10.3% to 75.02inpre−markettradingafterthecompanyreportedweaker−than−expectedearningsandsalesresultsforthesecondquarter.OxfordIndustriesreportedquarterlyearningsof75.02 in pre-market trading after the company reported weaker-than-expected earnings and sales results for the second quarter.Oxford Industries reported quarterly earnings of 2.77 per share which missed the analyst consensus estimate of 3.00pershare.Quarterlysalesof3.00 per share. Quarterly sales of 419.886 million missed the analyst consensus estimate of $438.176 million. ...