Market Insider

After-hours buzz: Shake Shack, Monster, Disney & more

Traders on the floor of the New York Stock Exchange.
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Check out the companies making headlines after the bell Thursday:

Fast-casual burger chain Shake Shack popped 7 percent after beating third-quarter expectations and providing strong revenue guidance. The company said average weekly sales at domestic, company-operated stores rose nearly 10 percent from a year ago, thanks to robust traffic growth, price increases and menu innovation.

Walt Disney Co. shares inched lower after the entertainment firm topped earnings forecasts, but missed on revenue.

Monster Beverage jumped about 7 percent after the energy-drinks maker handed in better-than-expected third-quarter results. The company, which has outperformed the wider market this year, said quarterly sales were boosted by advance purchases made by customers due to a pre-announced price hike of certain beverages.

Weight Watchers International advanced about 17 percent after the weight management firm beat on the top and bottom lines and raised its full-year profit outlook. Weight Watchers said it expects 2015 earnings of between 64 cents and 74 cents a share, versus Wall Street's estimates of 67 cents a share. Last month, media mogul Oprah Winfrey disclosed a 10 percent stake in the firm and joined the company's board.

Men's Wearhouse plummeted 30 percent after it slashed third-quarter earnings expectations, citing weakening sales within its Jos. A. Bank division. The clothing retailer now expects to earn between 46 cents and 51 cents a share, down from earlier forecasts of 87 cents a share, while Wall Street is looking for earnings of 99 cents a share. The company said the sales decline was driven by the store's transition away from its buy-one-get-three promotions.

Data analytics provider Tableau Software surged 19 percent after it reported solid third-quarter earnings and revenue. The Seattle company handed in adjusted earnings of 14 cents a share, doubling Street estimates, on sales of $171 million. Analysts had projected profit of 7 cents a share on $158 million in revenue.

TrueCar, which analyzes auto-buying and selling information, soared 11 percent after hours after reporting third-quarter results. The company said total revenue rose 28 percent from a year ago to a record $72.4 million.