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After-hours buzz: Ross Stores, Nike & more

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Traders work on the floor of the New York Stock Exchange.
Brendan McDermid | Reuters

Check out the companies making headlines after the bell Thursday:

Shares of Ross Stores got a boost after the company reported quarterly results that beat on both the top and bottom lines. The retailer said it expects a highly promotional holiday season in the weeks ahead.

Shares of Nike popped after the company announced a $12 billion buyback program. The sportswear retailer raised its quarterly cash dividend by 14 percent, on a pre-split basis. Nike also approved a two-for-one split of both Class A and Class B common shares.

Nimble Storage fell more than 30 percent after reporting earnings and revenue that missed analysts' forecasts. The flash-storage solutions company also expects weak earnings guidance in the fourth quarter.

The Nike Inc. logo is displayed at the entrance to the company's store in the East Nanjing Road shopping area of Shanghai, China.
Nike: $12B buyback, dividend hike, 2-for-1 stock split

PepsiCo got a small boost after it declared a quarterly dividend that was unchanged from the previous quarter. It represents a 7.3 percent increase from the year-earlier period.

American software company Intuit climbed on revenue that beat expectations. The company also gave strong second-quarter earnings and revenue guidance.

Hunting gear retailer Cabela's rallied on a Bloomberg report that it is considering a sale and eyeing takeover bids.