Welcome to our dedicated page for Walt Disney news (Ticker: DIS), a resource for investors and traders seeking the latest updates and insights on Walt Disney stock.
The Walt Disney Company (DIS) is a global leader in entertainment and media, renowned for its streaming platforms, theme parks, and iconic franchises. This dedicated news hub provides investors and stakeholders with timely updates on corporate developments, financial performance, and strategic initiatives.
Access official press releases alongside curated analysis covering Disney's diversified operations across entertainment networks, sports broadcasting, and consumer experiences. Track key announcements including earnings reports, content partnerships, streaming innovations, and theme park expansions.
Our continuously updated repository serves as your primary source for understanding Disney's market position and operational strategies. Bookmark this page for direct access to critical updates that shape one of the world's most influential media conglomerates.
The Walt Disney Company has launched a global celebration to honor 90 years of Donald Duck, starting with an exclusive reveal on Good Morning America. The campaign showcases over 70 Donald Duck-themed products from more than 20 licensees, including renowned brands such as American Tourister and Loungefly. Fans can look forward to additional products from brands like Forever 21 and GAP. Two newly restored Donald Duck shorts will premiere on Disney+ on June 9, alongside a new short, D.I.Y. Duck, marking Donald's first starring role since 1961. Celebrations at Tokyo Disney Resort and Hong Kong Disneyland will feature themed decorations, parades, and special merchandise. A brand spot commemorating Donald's legacy will also debut on June 9.
Bob Iger, CEO of The Walt Disney Company, will participate in MoffettNathanson's Media, Internet & Communications Conference on May 15, 2024. Investors can stream the session live on Disney's investor website. The event will provide insights into the company's future strategies and industry trends.
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.