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Early movers: GPS, SBUX, SHOO, BHI & more

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Brendan McDermid | Reuters

Check out which companies are making headlines before the bell:

Gap - The clothing retailer reported a one percent increase in December same-store sales and three percent increase in holiday season comparable sales. However, its figures included a five percent drop for the Gap brand, with Banana Republic flat and Old Navy up eight percent.

Starbucks - Chief Operating Officer Troy Alstead is taking an extended unpaid leave of absence to spend more time with his family.

Regeneron – Janney Montgomery Scott began coverage with a "buy" rating for the drug maker's shares, saying it has the strongest pipeline in the entire biotechnology industry.

Baker Hughes – The oilfield services company said its rig count during December was 1,313, down 11 from the prior month and down 22 from a year earlier.

Halcon Resources – The oil and gas producer is cutting its drilling and completion budget for 2015, in response to the continuing drop in oil prices.

Steve Madden – The footwear and accessories retailer said comparable store sales fell 2.3 percent during the fourth quarter, and it is now projecting earnings of $1.75 to $1.76 per share for fiscal 2014, below consensus estimates of $1.84 a share.

Ralph Lauren – Janney downgraded the stock to "neutral" from "buy," pointing to headwinds related to both the global economy and to currency exchange rates.

Foot Locker – Credit Suisse downgraded the athletic apparel and footwear retailer to "neutral" from "outperform," after a strong performance for the stock over the past year. Credit Suisse said it would be looking for a "better entry point" for Foot Locker shares.

General Mills – The food producer will close two plants and cut 500 jobs, adding to 1,400 job cuts announced last year.

DuPont – The company said it would review new board nominations made by Nelson Peltz's Trian Fund, as Trian accelerates its push to break up the company.

Google – Google may begin selling auto insurance in the United States through a comparison shopping site, according to a note by Forrester Research analyst Ellen Carney.

Macy's – The retailer will close 14 stores and restructuring its marketing and merchandising units, in moves designed to save $140 million per year.

Five Below – Five Below is forecasting fourth quarter results at the lower end of its prior forecast, although the discount retailer did say results improved in the days leading up to Christmas and in the post-holiday period.

The Container Store – The company matched estimates with quarterly profit of 7 cents per share, but the retailer's revenue was below estimates and it cut its sales guidance for the fiscal year that ends in February.

Bed Bath & Beyond – The retailer reported adjusted quarterly profit of $1.19 per share, in line with estimates, with revenue essentially in line as well. However, its comparable store sales fell below forecasts, on increased promotional and shipping expenses.

Helen of Troy – Helen of Troy earned $1.93 per share for its third quarter, well above estimates of $1.57, with revenue also beating analyst forecasts by a wide margin. The personal care products retailer also raised its full-year forecast.

Ruby Tuesday – Ruby Tuesday lost 15 cents per share for its latest quarter, one cent wider than analysts had predicted. Sales were also below expectations, and the restaurant chain lowered its comparable sales forecast for the full year.

Infosys – Infosys reported a 13 percent jump in profit for its latest quarter, beating expectations. The India-based software company improved its results by winning more contracts from Western businesses.

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