U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 300 points on Thursday.
Shares of Oxford Industries Inc (NYSE:OXM) fell sharply in pre-market trading after the company reported mixed results for the first quarter.
The company posted quarterly earnings of $1.39 per share, which beat the analyst consensus estimate of $1.29 per share.
The company reported quarterly sales of $391.402 million, which missed the analyst consensus estimate of $391.754 million.
The company raised its FY2026 earnings guidance, while narrowing its sales outlook.
