Disney Earnings Beat as New CEO Unveils Growth Strategy
Disney Revenue Beats Expectations, New CEO Charts Growth Path Walt Disney Co. reported quarterly earnings on Tuesday that exceeded Wall Street expectations, with both revenue and profit beating analyst estimates. The new CEO outlined a comprehensive growth strategy during the earnings call, focusing on streaming profitability and global theme park expansion. The streaming division Disney+ showed strong subscriber growth and achieved its first full-year profitability target, marking a significant milestone in the company’s digital content transformation. Theme park and experiences business also maintained steady growth despite macroeconomic uncertainties. ...