Cisco, Fossil, Nordstrom And Yum Brands Lead Thursday's After-Hours Movers

Shares of Cisco Systems, Inc. CSCO were down more than 2.2 percent in Thursday's after-hours session, following the announcement of the company's first quarter (fiscal 2016) financial results. In its first quarter under Chief Executive Officer Chuck Robbins, the company delivered earnings of $0.59 per share on revenue of $12.682 billion, beating the Street's consensus estimate of $0.56 per share and $12.636 billion.The company issued light guidance.

Fossil Group Inc FOSL lost more than 12 percent since the bell rang. The watchmaker reported earnings of $1.24 per share, beating the Street's consensus of $1.13 per share, but fell short of expectations in the revenue front, as sales of $771.3 million came in below estimates of $784.75 million.

In addition, management announced it had agreed to acquire a wearable tech company, Misfit, for $260 million.

Nordstrom, Inc. JWN plummeted more than 15.5 percent after the market closed. The fashion retailer announced earnings of $0.57 per share on sales of $3.239 billion, well below the Street's consensus, which called for earnings of $0.72 per share and revenue of $3.371 billion.

Finally, Yum! Brands, Inc. YUM rose almost 6 percent after filing a Form 8-K with the SEC disclosing its estimated October same-store sales for its China division.

"China Division's October same-store sales grew an estimated 5%, comparable to the Division's same-store sales growth of 6% in September. October's results include estimated growth of 10% at KFC and an estimated decline of 9% at Pizza Hut Casual Dining," the filing stated.

The company reiterated its guidance for the fourth quarter of China division same-store sales growth in the 0 percent to 4 percent range, "with positive same-store sales growth at KFC and negative same-store sales at Pizza Hut Casual Dining. As previously stated, same-store sales remain difficult to forecast in China, and our overlaps become more difficult for the balance of year."

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.