Mickey mouse rally

boonk
2022-08-27

Wall Street expects Disney to grow earnings at a rate of 38% each year for the next five years and to grow revenue by 40% to $118 billion by the end of 2026. It's a flywheel business in which one division's success feeds greater wins in other segments in a positive feedback loop, making Disney's growth look effortless.

Its theme parks are rolling along, with revenue soaring 70% in its fiscal third quarter to $7.4 billion, while operating income surged from $356 million to $2.2 billion. While its movie studio isn't making the same level of blockbuster films these days, it's still producing handsome profits.

There's nothing to suggest the synergies Disney realizes from each of its business arms won't keep feeding each other for years or even decades to come

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Comments

  • kianweiting
    2022-08-27
    kianweiting
    Disney does face strong competition from copycats.
  • JeremyKok
    2022-08-27
    JeremyKok
    thank you for sharing.
  • MicroStrategist
    2022-08-27
    MicroStrategist
    Mickey mouse markets
  • WKB
    2022-08-27
    WKB
    Thanks for sharing
  • Jo5tarz
    2022-08-27
    Jo5tarz
    [Grin]
  • Zeruel
    2022-08-27
    Zeruel
    😀
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