Overview
- The company disclosed Wednesday that fiscal Q3 adjusted EPS was $2.06 and total segment operating income rose about 21% to roughly $5.6 billion on about $25.2 billion in revenue.
- Disney Experiences drove the quarter with U.S. park attendance up about 3%, global guests up about 4%, and Experiences operating income near $3.02 billion, while international visitation remained soft.
- Streaming profitability strengthened as entertainment streaming operating income more than doubled to about $712 million and SVOD revenue climbed roughly 11% on higher prices and lower churn.
- Management announced it agreed to sell its 50% stake in A+E Global Media to Hearst for about $1.2 billion and raised share-repurchase plans to at least $9 billion for fiscal 2026.
- The company said it will move Consumer Products into Entertainment starting fiscal 2027, is piloting a Disney+ membership-style approach, and signed a global short-form content deal with TikTok to extend fan engagement.