Disney reported fiscal 2024 revenues of $91.4 billion, up 3% year-over-year, while net income attributable to Disney increased to $5.0 billion from $2.4 billion in fiscal 2023. The improvement was primarily driven by higher operating income at Entertainment, with Direct-to-Consumer losses narrowing significantly to achieve profitability. Disney+ core subscribers grew 9% to 122.7 million, while revenue per subscriber increased 12% to $7.18.The Parks & Experiences segment delivered strong results with revenue up 5% to $34.2 billion and operating income increasing 4% to $9.3 billion, benefiting from higher guest spending and attendance growth at international parks. The company announced plans to invest approximately $8 billion in capital expenditures in fiscal 2025, primarily for cruise ship fleet expansion and new guest offerings at theme parks.Management executed several strategic initiatives, including a planned joint venture combining Star India with Reliance Industries' media assets, and the repurchase of NBCU's stake in Hulu for $8.6 billion. The company targets $3 billion in share repurchases for fiscal 2025 and reinstated its dividend, declaring $0.45 per share for the first half of fiscal 2024.

Disney reported fiscal 2024 revenues of $91.4 billion, up 3% year-over-year, while net income attributable to Disney increased to $5.0 billion from $2.4 billion in fiscal 2023. The improvement was primarily driven by higher operating income at Entertainment, with Direct-to-Consumer losses narrowing significantly to achieve profitability. Disney+ core subscribers grew 9% to 122.7 million, while revenue per subscriber increased 12% to $7.18.The Parks & Experiences segment delivered strong results with revenue up 5% to $34.2 billion and operating income increasing 4% to $9.3 billion, benefiting from higher guest spending and attendance growth at international parks. The company announced plans to invest approximately $8 billion in capital expenditures in fiscal 2025, primarily for cruise ship fleet expansion and new guest offerings at theme parks.Management executed several strategic initiatives, including a planned joint venture combining Star India with Reliance Industries' media assets, and the repurchase of NBCU's stake in Hulu for $8.6 billion. The company targets $3 billion in share repurchases for fiscal 2025 and reinstated its dividend, declaring $0.45 per share for the first half of fiscal 2024.