What guidance did The Walt Disney's management provide for the next earnings period?

What is The Walt Disney's gross profit margin?

What factors drove the changes in The Walt Disney's revenue and profit?

What is the revenue and EPS growth rate for The Walt Disney year over year?

What is The Walt Disney's latest dividend and current dividend yield?

What were the key takeaways from The Walt Disney's earnings call?

What does The Walt Disney do and what are its main business segments?

What were the key takeaways from The Walt Disney’s earnings call?

- **EPS Growth**: 19% FY25 adjusted EPS growth, targeting double-digit FY26 expansion.
- **DTC Success**: $1.3B FY25 DTC operating income, up 39% Q4 profit growth.
- **Content Momentum**: Lilo & Stitch leads with $1.4B global box office; FY26 slate includes Avatar and Disney+ originals.
- **AI & Innovation**: AI-driven content creation and consumer engagement, with Disney+ as a super app.
- **Shareholder Returns**: $7B buybacks and 50% dividend hike.


**【CEO Summary Section】**
- Fiscal 2025 adjusted EPS grew 19% YoY, with a 19% CAGR over 3 years. Fiscal 2026 targets double-digit EPS growth.
- DTC business achieved $1.3B operating income in FY25, up $1.2B from FY24, with Q4 profit growth of 39%.
- Film successes include Lilo & Stitch ($1.4B global box office) and Predator: Badlands (record opening). FY26 slate includes Zootopia 2, Avatar: Fire and Ash, and The Mandalorian.
- Cruise expansion with Disney Destiny and Adventure ships; new theme park planned for Abu Dhabi.
- Share buybacks of $7B in FY26 (double FY25) and 50% dividend increase to $1.50 per share.

**【CFO Financial Commentary】**
- FY25 cash flow from operations up 28% YoY (7% reported due to $1.7B tax swing). FY26 free cash flow growth driven by reduced investments and OI expansion.
- FY26 guidance includes DTC revenue growth and margin expansion beyond 2026.

**【Q&A Highlights】**
- ESPN DTC app adoption strong, with 80% of new subscribers choosing trio bundle (Disney+, Hulu, ESPN). Advertising CPMs improving in DTC and linear.
- Cruise demand robust with 3% Q1 booking growth; parks attendance in line with expectations.
- AI investments focus on content creation, consumer engagement, and operational efficiency.
- YouTube TV carriage dispute remains unresolved, with potential impact on Hulu subscribers.


DIS

DIS fundamentals

You can ask Aime