Check out the companies making headlines after the bell : Nike — Shares added 3% after the athletic footwear retailer beat Wall Street's expectations for earnings and revenue in its latest quarter. Nike posted earnings of 77 cents per share on $12.43 billion of revenue, exceeding the 74 cents per share on revenue of $12.28 billion that analysts polled by LSEG had expected.
The company's revenue fell short of estimates, however. FedEx also announced a $5 billion share buyback. Shares of UPS rose 4%. Lululemon Athletica — Shares of the athleisure company dropped 10%. Lululemon posted weak guidance and reported that growth in North America is slowing. Separately, the company posted a fiscal fourth-quarter earnings and revenue beat. Dutch Bros — Shares of the drive-through coffee chain slipped about 5%.