The Walt Disney Company reports developments across its entertainment, sports, and experiences businesses. Recurring updates include financial results, investor conference appearances, annual shareholder meeting materials, and management commentary on streaming, ESPN, film and television studios, and Disney Experiences.
Company news also covers leadership and organizational changes within Disney Entertainment, including its streaming, film, television, games, and digital entertainment operations. Business updates commonly reference Disney+, Hulu, ESPN, the company’s studio brands, theme parks, cruises, vacation destinations, and merchandise licensing.
The Walt Disney Company (NYSE: DIS) reported earnings for the second quarter of fiscal 2024, showing an increase in revenues to $22.1 billion. Diluted EPS decreased to a nominal loss due to goodwill impairments but excluding certain items, it increased to $1.21. The company achieved strong double-digit growth in adjusted EPS and raised its full-year adjusted EPS growth target to 25%. Disney+ Core subscribers and ARPU both saw positive growth. The Entertainment Direct-to-Consumer business was profitable, and the Experiences business showed revenue growth and margin expansion.
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