Overview
- Disney reported $25.17 billion in revenue and $1.57 adjusted EPS, topping Wall Street forecasts for its fiscal second quarter.
- The Experiences unit set a record with about $9.5 billion in revenue as domestic attendance slipped 1% but per-guest spending rose on paid line-skips, VIP tours, and premium dining.
- Streaming income jumped about 88% year over year, turning Disney+, Hulu, and ESPN+ into a profit source that eases pressure to pack the parks.
- Management raised its full-year goal to roughly 12% adjusted EPS growth and lifted planned share buybacks to $8 billion, citing strong forward bookings.
- Executives said the 1% attendance dip reflects softer international visits and the pull of Universal's new Epic Universe park in Orlando.