Market Insider

After-hours buzz: PriceSmart, Gap, Citrix & more

Traders work on the floor of the New York Stock Exchange, March 5, 2015.
Brendan McDermid | Reuters

Check out the companies making headlines after the bell Thursday:

PriceSmart shares declined about 2 percent in light volume after it reported disappointing earnings of 82 cents a share on $750 million in revenue. Analysts had forecast earnings of 98 cents per share on revenue of $741 million. The company, which operates membership-style shopping clubs, said the devaluation of the Colombian peso contributed to a 16-cent hit to its earnings per share.

Apparel retailer Gap, whose brands include Old Navy, Banana Republic and its namesake chain, said overall same-store sales rose 2 percent in March, compared to an expected rise of 1 percent, according to Consensus Metrix.

However, Gap said the earlier timing of the Easter holiday will "likely negatively impact its April sales results." The stock fell about 2 percent after the announcement.

Restaurant operator Ruby Tuesday reported a narrower-than expected quarterly loss of a penny a share on revenue of $286 million, which was in line with expectations. Wall Street projections called for a loss of 4 cents a share. Shares rose about 2 percent in extended trading.

Software provider Citrix said revenue for the first-quarter would come in between $755 million and $760 million. The stock fell more than 6 percent after the announcement.

EBay shares inched higher after it laid out new details on its plan to spin off its online payments unit, PayPal. The two companies will enter an agreement that bars eBay from creating a payment system in the future, according to Dow Jones. It will also bar PayPal from creating a marketplace.