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Disney CEO Josh D'Amaro Reports Parks Division Was a 'Big Surprise' Last Quarter
WDW News Today • • general
Key Points:
- Josh D’Amaro, nearly six months into his role as Disney CEO, expressed confidence in the company's recent performance, highlighting strong revenue and earnings growth of 28%, with parks and streaming divisions exceeding expectations.
- He emphasized that Disney is delivering on its commitments and that there is clear strategic direction and stability within the organization.
- D’Amaro identified sustaining momentum in theme parks and streaming as immediate priorities, acknowledging mixed investor reactions and dissatisfaction with the current stock performance.
- Despite stock concerns, he remains optimistic about Disney's position within the entertainment industry and confirmed no plans to spin off ESPN as a separate company.
