BusinessQuiet 91d · day 92
Disney CEO D'Amaro: Parks beat expectations, but stock price disappoints
D'Amaro says theme park division surprised positively last quarter while expressing frustration over 8% annual stock decline.
What to know
- Disney's parks division exceeded expectations in the most recent quarter, marking what CEO D'Amaro called a "big surprise."
- Despite operational strength and company "clarity" and "stability," Disney stock has fallen 8% over the past year, frustrating the CEO.
- The divergence between parks performance and stock price suggests investor concerns extend beyond near-term operational results.
“parks were 'big surprise' in last quarter, company has 'clarity' and 'stability'”
Josh D'Amaro, Disney CEO · CNBC ↗ · Aug 13
Josh D'Amaro Disney CEO
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