Disney CEO Iger Kicked on His Way Out the Door [Yahoo! Finance]
Walt Disney Company (The) (DIS)
Last walt disney company (the) earnings: 2/4 04:05 pm
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Source: Yahoo! Finance
Wall Street trashed them by driving the stock down 7%. That puts them down almost 8% for the past year, while the S&P 500 is more than 15% higher. Outgoing Walt Disney Co. ( NYSE: DIS ) CEO Bob Iger had hoped that the new quarterly numbers would impress. Wall Street responded by driving Disney stock down 7%. Investors rethink 'hands off' investing and decide to start making real money Media reports say Josh D'Amaro, the head of Disney's theme park operation, will replace Iger. Iger ran the entertainment company into the ground after he took over the second time as CEO in 2022. As Bloomberg reported, “D'Amaro, 54, has led the unit that delivers most of Disney's profits since 2020.” Although the rising price of theme park admission has caused investor anxiety, short of a recession, the growth is unlikely to be curtailed. Iger, who some considered to be a magician, oversaw Disney during some of its best days. From 2005 to 2020, he went on an M&A tear, adding Pixar, Marvel, Luca
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DIS
Earnings
- 2/2/26 - Beat
DIS
Sec Filings
- 2/3/26 - Form 8-K
- 2/2/26 - Form 10-Q
- 2/2/26 - Form 8-K
- DIS's page on the SEC website