After-Hours Buzz: DIS, ARO & More

Check out which companies are making headlines after the bell Wednesday:

market-insider-stocks-to-watch-AB-200.jpg

Aeropostale - The teen clothing retailer posted earnings of 31 cents a share on revenue of $606 million, edging past expectations for 29 cents a share on sales of $600 million. However, the company handed in current-quarter earnings guidance that was much lower than expected, sending shares tumbling in extended-hours trading. (Click here for after-hours quote.)

(Read More: Stocks End Near Highs on 'Cliff' Deal Optimism)

Disney - The conglomerate increased its annual cash dividend by 25 percent to 75 cents a share, sending shares higher in extended-hours trading. (Click here for after-hours quote.)

Guess - The apparel retailer posted earnings of 43 cents a share on revenue of $629 million. Analysts expected the company to report a profit of 44 cents a share on revenue of $625 million. Meanwhile, the company cut its forward earnings and revenue guidance. In addition, the company declared a special dividend of $1.20 a share, sending shares higher in extended-hours trading. (Click here for after-hours quote.)

Abbott Labs - The pharmaceuticals company's board approved the separation of its research-based pharma business, which will be known as AbbVie. The company also declared a special dividend distribution of all the outstanding shares of AbbVie common stock. (Click here for after-hours quote.)

Workday - The software company posted a narrower-than-expected loss of 39 cents a share, excluding one-time items. Meanwhile, revenue also topped estimates. In addition, the company handed in fourth-quarter revenue that edged past Wall Street projections, sending shares higher in extended-hours trading. (Click here for after-hours quote.)

La-Z-Boy - The furniture manufacturer posted earnings of 12 cents a share on revenue of $322 million, missing estimates for 20 cents a share on sales of $325 million. In addition, the company reinstated its quarterly dividend of 4 cents a share. Shares tumbled in extended-hours trading. (Click here for after-hours quote.)

TiVo - The DVR device provider posted earnings of 44 cents a share, blowing past expectations for a loss of 21 cents a share, and revenue edged past estimates. In addition, the company provided current quarter revenue guidance that matched forecasts. Still, shares declined in extended-hours trading. (Click here for after-hours quote.)

(Read More: CNBC's Market Insider Blog)

—By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

Questions? Comments? Email us at marketinsider@cnbc.com