We just got some MAJOR updates from the Walt Disney Company.
Walt Disney World
On February 8th, 2023, Disney released its earnings report for the first quarter of the 2023 fiscal year (this covers a period from early October 2022 through December 2022). A lot has changed since the last report we got in November of 2022. Bob Chapek is no longer the CEO, Bob Iger has returned, Disney+ has launched its ad-supported tier, and some park perks are back. Chapek was still CEO for part of the period covered by this earnings call though, and Iger would have only had a few weeks to really change things. So how is the Company doing financially? Let’s find out.
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