Check out which companies are making headlines before the bell:
Foot Locker — Foot Locker came in 5 cents above forecasts with adjusted quarterly profit of $1 per share. Revenue was also above estimates, and a same-store sales increase of 8.7 percent was well above analysts' estimates of a 6.2 percent increase for the athletic apparel and footwear retailer.
Abercrombie & Fitch — The apparel retailer earned an adjusted 37 cents per share for its latest quarter, well above estimates of 22 cents. Revenue also beat estimates, and although Abercrombie's same-store sales fell 1 percent during the quarter, that was smaller than the 2.3 percent drop anticipated by analysts. Abercrombie benefited from fewer discounts, although it said it expected heavy promotional activity in the industry during the holiday shopping season.
Nike — The athletic apparel and footwear maker increased its dividend by 14 percent, declared a 2-for-1 stock split, and announced a $12 billion stock buyback program.
Alphabet — Alphabet's Google unit hired VMWare co-founder Diane Greene to run its cloud operations. Greene has been on the company's board of directors for the past three years and will remain a director.
Gap — The apparel retailer reported adjusted quarterly profit of 63 cents per share, matching estimates. The company had pre-released its below-forecast revenue on Nov. 9, noting the impact of a strong dollar. Gap is seeing weak sales at its Banana Republic and Gap clothing stores, but CEO Arthur Peck said he is expecting a significant improvement during 2016's first quarter.
International Business Machines — JMP Securities began coverage on IBM with an "outperform" rating, acknowledging that IBM is in the middle of a multiyear transformation but saying that sentiment has swung too far to the negative side.
Intel — Intel was upgraded to "market outperform" from "market perform" at JMP Securities, following the chipmaker's investor day Thursday. JMP cites strengthening prospects for Intel in the cloud segment, among other factors.
Hibbett Sports — The sporting goods retailer earned 79 cents per share for its latest quarter, 11 cents above estimates, though revenue and its same-store sales increase were below Street estimates. The company said sales softened late in the quarter in its cold weather categories, but it's increased its full-year earnings outlook as cost controls take hold and on expected upbeat sales results for the holiday season.
Dollar General — The discount retailer was upgraded to "buy" from "hold" at BB&T, saying the company is in position to gain market share following the acquisition of Family Dollar.
Workday — The provider of human resources software reported a wider than expected loss for its latest quarter and gave a weaker-than-expected revenue forecast for the current quarter. Workday is in the process of investing in expansion both geographically and in its software offerings.
Williams-Sonoma — Williams-Sonoma earned 77 cents per share for its latest quarter, 5 cents above estimates, with the housewares retailer also reporting revenue that was very slightly above Street forecasts. However, its current quarter outlook is below analyst estimates, as Williams-Sonoma battles strong competitors like Restoration Hardware and Crate & Barrel.
Noble Energy — The energy producer has postponed the planned initial public offering of its midstream unit, because of unfavorable market conditions.
Fresh Market — Fresh Market beat estimates by a penny with adjusted quarterly profit of 23 cents per share. The specialty grocer saw revenue below forecasts, however, and a drop in comparable store sales. Fresh Market is in the process of considering various options, including a possible sale.
Nimble Storage — Nimble lost 11 cents per share for its latest quarter, 3 cents wider than anticipated, with revenue also below estimates. The provider of data storage technology also gave weak current quarter guidance for both earnings and revenue, with a shifting emphasis to the enterprise market not proceeding as well as the company had initially expected.
Ross Stores — Ross Stores came in 3 cents above estimates with quarterly profit of 53 cents per share, with revenue very slightly above forecasts and comparable store sales rising 3 percent. The discount retailer sees current quarter profit slightly below estimates, because of a highly promotional holiday season.
Splunk — Splunk beat forecasts by 4 cents with adjusted quarterly profit of 5 cents per share, and the data software company also saw revenue come in well above analyst estimates. Splunk also raised its full-year forecast as its cybersecurity business continues to gain traction.
Intuit — The maker of Quicken and TurboTax reported adjusted quarterly profit of 9 cents per share, compared with analyst estimates of a 4 cents per share loss. Revenue beat forecasts by a wide margin, and the provider of financial software also gave strong current quarter guidance as it continued to gain subscribers.
Horizon Pharma — Horizon withdrew its $1 billion offer for Depomed, after a California court blocked its bid on the basis of improper use of confidential information. Horizon had been pursuing Depomed for the past six months.
Correction: An earlier version misspelled the last name of Diane Greene.