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Foot Locker

(FL) - Get Foot Locker Inc. Report

was a star in extended trading after

blowing past Wall Street's profit expectations in its latest quarterly report


A strong plus 8% jump in same-store sales and rising gross margins led to earnings of $52 million, or 33 cents a share, for the three months ended Oct. 31 for Foot Locker, far eclipsing the average analysts' EPS view of 17 cents.

The stock surged 9.5% to $18 on volume of around 65,000. That level would be a new 52-week high for the shares, which reached their 52-week high of $17.05 in Thursday's session and haven't traded above $18 since September 2008.




(ADSK) - Get Autodesk Inc. Report

was weak in extended trading Thursday after 3-D design software developer posted in-line earnings for the third quarter and disappointed Wall Street with its outlook.

The San Rafael, Calif.-based company reported non-GAAP earnings of $75 million, or 32 cents a share, on revenue of $477 million for the three months ended Oct. 31. For its current fourth quarter, Autodesk said it expects earnings of 30 to 33 cents a share with revenue ranging from $500 million to $520 million. That view compares to the current average estimate of analysts polled by

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Thomson Reuters

for a profit of 34 cents a share on revenue of $501.8 million in the January-ending period.

Wall Street will no doubt be concerned about the company's better than expected top-line performance not manifesting itself on the bottom line. Autodesk said its non-GAAP operating margin declined to 21% on a sequential basis from 25% in the second quarter.

The stock was last quoted down 4.2% to $34.75 on volume of around 235,000, according to

. Based on a regular session close at $36.26, the shares were up almost 40% year-to-date.

Intuit Inc.



(INTU) - Get Intuit Inc. Report

shares were slipping almost 4% to $46.36 on volume of around 165,000 after the maker of tax preparation and accounting software products gave an outlook for its fiscal second quarter ending in January that's below the current analyst views.

The company, whose titles include Quick Books and Turbo Tax, forecast non-GAAP earnings of 36 to 40 cents a share for the quarter on revenue of between $920 million and $940 million vs. the consensus estimate for a profit of 45 cents a share on revenue of $919.5 million.


Shares of

(CRM) - Get Salesforce Inc. Report

leapt in late trades after the San Francisco-based diversified software company

reported better-than-expected third-quarter revenue, while earnings increased slightly


The stock was topping the percentage gainers among NYSE-listed issues after the closing bell, gaining 9.3% to $126.54 on volume of 1.2 million. Year-to-date, the shares have so far appreciated almost 50%, including a plus 5% boost in Thursday's session to $115.77 ahead of the report.

Dell Inc.


Shares of


(DELL) - Get Dell Technologies Inc. Class C Report

were among the most active in after-hours action after the PC giant blew past Wall Street's profit expectations for its third-quarter results.

>>>Dell, Salesforce Earnings: Live Blog

Although revenue of $15.5 billion fell short of the consensus view of $15.8 billion, Dell's adjusted earnings of $1.2 billion, or 42 cents a share, for the three months ended in October was almost 40% above the average estimate of analysts polled by

Thomson Reuters

for EPS of 32 cents a share. It was the company's most convincing beat in the last two years, a period where it has only come in below the mean analyst projection once.

The stock was last quoted at $14.30, up 4.7%, on volume of around 7 million, according to

. Based on a regular session close at $13.66, the shares were down roughly 7% year-to-date; although they had bounced 20% since scraping a 52-week low of $11.34 on Aug. 24. Dell cited strong commercial demand for surprising profit, which was a 60% jump from its year-ago equivalent total.

The Wet Seal


Another gainer in extended trades was

The Wet Seal


, which added 5% to $3.47 with a little less than 38,000 shares changing hands. Year-to-date, the stock is down about 6% based on its regular-session close at $3.30.

After the close, the Foothill Ranch, Calif.-based young women's apparel retailer reported its third-quarter results, posting an adjusted profit of $4 million, or 4 cents a share, on sales of $146.4 million, and said it expects earnings of 3 to 5 cents a share for the current fourth quarter with sales projected to increase to between $158 million and $163 million.

The current average estimate of analysts polled by

Thomson Reuters

is for a profit of 6 cents a share in the January period on sales of $156.2 million.

Given the mixed comparison of the outlook with Wall Street's expectations, buyers of Wet Seal shares late Thursday may be taking their cue from the company's comments about how business is shaping up in November.

"Our inventories in both operating divisions were well-positioned at the end of the quarter," said Ed Thomas, the company's president and CEO in a press release. "In November month-to-date, our consolidated comparable store sales are positive, which we hope bodes well for the upcoming holiday selling period."

General Motors



General Motors

(GM) - Get General Motors Company Report

, which made

an impressive return to the public markets on Thursday

was suffering some fatigue in late trades.

The stock ticked incrementally lower to $34.09, dipping 10 cents overall, on after-hours volume of 6.6 million. In the regular session, the shares rose 3.6% to $34.19 with volume exceeding more than 450 million.


Written by Michael Baron in New York.

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Michael Baron


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