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 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) has announced the departure of Safra A. Catz, CEO of Oracle Corp., from its Board of Directors after six years of service. Robert A. Iger, Disney's CEO, praised Catz's contributions, particularly her insights on strategic planning amid technological changes affecting the company's businesses. Catz expressed gratitude for her time on the Board and confidence in Disney's future. With her departure, Disney's Board has been reduced from 12 to 11 directors.
The Walt Disney Company (NYSE: DIS) has announced plans to host a live audio Q&A webcast to discuss its fiscal third quarter 2024 financial results. The event is scheduled for Wednesday, August 7, 2024, at 8:30 a.m. ET / 5:30 a.m. PT. Prior to the webcast, Disney will release its financial results and post prepared written management remarks on their investor relations website before the opening of regular trading on the same day.
Interested parties can access the Q&A webcast at www.disney.com/investors. The company will archive the webcast for future reference. This event provides an opportunity for investors and analysts to gain insights into Disney's financial performance and future outlook directly from company executives.
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.
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