6 min listen
Walt Disney (DIS) Stock Surge Driven By Theme Parks
FromSchwab Network
ratings:
Length:
7 minutes
Released:
Aug 12, 2022
Format:
Podcast episode
Description
"Walt Disney (DIS) earnings surge was largely driven by their theme parks, experiences, and product divisions. Walt Disney cut expectations on streaming, but raised prices, which is a bet on stickiness. The company gives a good picture of what is happening with consumers," says Josh Strange. "India's Hotstar makes up 36% of Disney+ total user base. The streaming sector was starting to look like a headwind but is delivering. A slowdown in economy in 2023 can hamper theme parks as well," Hatem Dhiab adds.
Released:
Aug 12, 2022
Format:
Podcast episode
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