Walt Disney (DIS) Plans To Cut 7,000 Jobs In Restructuring - Bloomberg

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The Walt Disney Company Reports First Quarter Earnings for Fiscal 2023

February 8, 2023 4:05 PM EST

BURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) today reported earnings for its first quarter ended December 31, 2022.

Revenues for the quarter grew 8%. Diluted earnings per share (EPS) from continuing operations for the quarter increased to $0.70 from $0.63 in the prior-year quarter. Excluding certain items(1), diluted EPS for the quarter decreased to $0.99 from $1.06 in the prior-year quarter.

After a solid first quarter, we are embarking on a significant transformation, one that will maximize the potential of our world-class creative teams and our unparalleled... More