US stocks saw red at the close on Tuesday and after the bell Lululemon Athletica Inc (NASDAQ:LULU) added 6.76% to US$84.05 after the leisure retailer posted its fourth quarter earnings.
Earnings per share (EPS) beat Wall Street estimates by 6 cents while revenues beat forecasts by US$17mln.
Meanwhile, shares in RH (NYSE:RH) (formerly known as Restoration Hardware) sank over 14% after the bell to US$85.90 after the home goods firm reported mixed earnings - beating estimates on EPS but missing on revenues.
Elsewhere, sports shoe focused Nike Inc (NYSE:NKE) shares added 2% before falling back to go 0.06%.
NFL (National Football League) team owners approved an eight-year extension of Nike's on-field apparel rights.
Also after the bell, Shoe Carnival Inc (NASDAQ:SCVL) shares plunged over 8% to US$23.40 after the footwear retailer announced its earnings.
EPS was above the consensus but revenues missed the mark. Same-store sales also decreased this quarter, with the company expecting same-store sales to remain flat or increase very little in the upcoming fiscal year.