Market Insider

After-hours buzz: Macy's, Gap, Ruby Tuesday & more

Check out which companies are making headlines after the bell Thursday:

Macy's - Shares fell more than 3 percent after the retailer said it would close some 14 locations, impacting some 2,200 employees, as it looks to restructure its merchandising and marketing business. The company expects to take charges of up to $110 million in the fourth quarter.

Gap - The retailer announced that overall same-store sales rose 1 percent in December, topping estimates, but the stock fell more than 1 percent in extended-hours trading.

Starbucks - The coffeeshop chain's shares fell about 3 percent in extended trading after it said its chief operating officer, Troy Alstead, would take an "extended unpaid leave" to spend more time with his family. He had been with the company for 23 years.

Bed Bath & Beyond - The home furnishings provider said third-quarter comparable-store-sales rose 1.7 percent, missing projections for sales growth of 2.8 percent. The stock fell about 6 percent after the news broke.

Ruby Tuesday - The restaurant operator missed earnings and revenue expectations as same-store sales and guest count growth declined. The stock slipped more than 8 percent in after-hours trading.

Container Store - The storage products maker handed in mixed third-quarter results and forecast disappointing 2014 full-year revenue figures. Shares slipped about 8 percent after hours.

Five Below - Shares tumbled as much as 15 percent after the teen retailer said its fourth-quarter results would likely miss Wall Street projections.

Barracuda Networks - The stock declined about 2 percent after the IT solutions provider reported third quarter adjusted earnings of 6 cents per share, missing Street forecasts by a penny, while sales were in line.

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