Hurricane Ian Caused $65 Million Dip in Expected Q4 Earnings for Disney Parks, Experiences, & Products
Today, The Walt Disney Company reported its Q4 earnings, and they fell short of expectations for profit and key revenue segments — including Disney Parks, Experiences, and Products (DPEP). Disney said that DPEP operating income (OI) margin (Domestic) for Q4 2022 was 15%. However, in Q3 2022, the company reported a 30% OI and Q2 … Read more