Yesterday, The Walt Disney Company reported on their Q4 earnings [$DIS], and although they “reported record sales and its best revenue growth in more than 25 years,” that wasn’t enough to keep Wall Street and investors happy. The stock has slid more than 11% on today’s opening bell. To date, Disney stock is down 35.5% … Read more
We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Tuesday, November 8, 2022. Walt Disney World Magic … Read more
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
Today, Disney said they added 12.1 million subscribers for Disney+ during their Q4 Earnings Report, beating analysts’ expectations of 9.4 million for the quarter. “Our fourth quarter saw strong subscription growth with the addition of 14.6 million total subscriptions, including 12.1 million Disney+ subscribers,” said Bob Chapek, CEO, The Walt Disney Company. “The rapid growth … Read more