Cloudera also issued weak revenue guidance for the second quarter, but strong earnings guidance for the second quarter and the rest of the fiscal year.

Fossil — The fashion company fell 4% in extended trading after it announced first-quarter financial results.

To deal with setbacks stemming from the pandemic, the company said it has cut costs and "enhanced its financial position" by drawing down $100 million of its $275 million credit facility and eliminating the majority of its planned capital expenditures for 2020, among other measures.

Fossil said it is not providing future financial guidance due to uncertainty stemming from the pandemic and said it expects the biggest sales impact to be in the second quarter.

Costco — The big-box retailer's stock climbed about 1% in extended trading after the company released sales results for the month of May.

Costco said it had net sales of $12.55 billion in May, a 7.5% increase from last year, according to a company statement.