Disney’s Profit Wilts, Pulled Down by Movies and TV
Per-share quarterly profit declined 7 percent from a year earlier despite revenue growth from the company’s streaming and cruise businesses.
What’s Happening
Real talk: Per-share quarterly profit declined 7 percent from a year earlier despite revenue growth from the company’s streaming and cruise businesses.
More details are expected to emerge soon.
Why This Matters
Market watchers are paying close attention to developments like this.
This reflects broader trends we’re seeing in the business world right now.
The Bottom Line
This story is still developing, and we’ll keep you updated as more info drops.
What do you think about all this?
Originally reported by NY Times Business
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