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After-hours buzz: GPS, AMAT, ROST & more

Wall Street
Richard Boll | Getty Images
Wall Street

Check out the companies making headlines after the bell on Thursday:

Shares of Gap slipped more than 1 percent in after hours trading despite the company's earning beat.

The apparel company reported second-quarter earnings of 60 cents per share ex-items. Analysts expected 59 cents per share, according to a Thomson Reuters consensus estimate.

Gap previously announced its second quarter revenues of $3.85 billion on August 8, compared to analysts' estimates of $3.78 billion.

Applied Materials gained more than 5 percent in extended trading following the company's results.

The company reported third-quarter earnings of 50 cents per share ex-items on revenues of $2.82 billion. Analysts had expected 48 cents per share on revenues of $2.84 billion, according to a Thomson Reuters consensus estimate. Applied Materials projects net sales growth for the fourth quarter in a range of 15 percent to 19 percent.

Ross Stores gained 3 percent after hours following the company's earnings and revenue beat.

Ross reported second-quarter earnings of 71 cents per share on revenue of $3.18 billion. Analysts expected 67 cents per share on revenues of $3.13 billion, according to a Thomson Reuters consensus estimate.

Same-store sales were up 4 percent, compared to analysts' estimates of 2.1 percent.

Square was up more than 2 percent in extending trading following an announcement that Point72 Asset Management plans to increase its stake in the company.

Point72 said it took a 5.4 percent stake in Square, a substantial increase from its previous 0.75 percent holding.

Cintas fell more than 10 percent in extended trading. The company recently announced an acquisition of its competitor G&K Services valued around $2.2 billion.

On Thursday afternoon, Ryan & Maniskas, LLP announced a class action investigation of G&K Services regarding the sale process.