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Is Disney (DIS) Outperforming Other Consumer Discretionary Stocks This Year?
Zacks Investment Research· 2024-04-09 14:45
Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Walt Disney (DIS) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Walt Disney is one of 286 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #15 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the indi ...
Is Disney (DIS) a Buy as Wall Street Analysts Look Optimistic?
Zacks Investment Research· 2024-04-09 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Walt Disney (DIS) .Disney currently has an average brokerage recommendatio ...
Disney's (DIS) Marvel & Coca-Cola Team Up for Global Campaign
Zacks Investment Research· 2024-04-09 13:51
Disney’s (DIS) Marvel and Coca-Cola (KO) have collaborated for a global campaign. The campaign, Coca-Cola x Marvel: The Heroes, will showcase popular Marvel characters.This collaboration includes a special TV commercial and never-before-seen consumer experience with exclusive Coca-Cola packaging featuring 38 Marvel character illustrations.The limited-edition cans and bottles feature Marvel heroes and villains with striking colors to bring out the characters. Each can is scannable and brings life to the char ...
Nelson Peltz And A Tale Of Two Boards
Forbes· 2024-04-08 22:35
Nelson Peltz experienced contrasting receptions at Disney and Unilever; he was denied a board seat ... [+] at Disney but is instigating significant changes at Unilever, supporting a strategic spin-off of their ice cream business. As Peltz continues to shape F&B giants with his activist investment style, the future of these companies' portfolios—and his influence on them—remains a focal point of interest.© 2023 Bloomberg Finance LPDisney shareholders gave Nelson Peltz the cold shoulder, but at Unilever, wher ...
Does the Walt Disney Company Still Have the Magic?
Zacks Investment Research· 2024-04-08 16:51
Disney stock is rising from the ashes – and all of us are witnesses.A reviving theme park business on both a domestic and international level is helping the company regain momentum. Recent attractions such as the Frozen theme land at Hong Kong Disney and Walt Disney Park in Paris, along with the Zootopia theme land at Shanghai Disney, are expected to significantly boost revenue prospects.Disney has been in the crosshairs the past few years with Florida Governor Ron DeSantis. The company managed to reach a s ...
The Real Reason For Disney's $11 Billion Streaming Losses
Forbes· 2024-04-07 16:35
High cost content such as Loki has driven the woes of Disney+ ©Marvel Studios 2020. All Rights ... [+] Reserved.Courtesy of Marvel StudiosFew developments are as well-suited to Disney as streaming. With an archive of more than 8,000 hours of content spanning more than eight decades, it was a no-brainer to offer subscribers online access to it. However, a flaw buried deep in the business model of the Disney+ streaming platform has turned it from Disney's prince charming into an ugly duckling.Disney+ was laun ...
Disney's parks are its top money maker — and it plans to spend $60 billion to keep it that way
CNBC· 2024-04-07 12:00
In this articleDISVisitors wearing emblematic Mickey Mouse and Minnie Mouse ears walk in front of the Sleeping Beauty-inspired castle at Disneyland Paris, Oct. 16, 2023.Ian Langsdon | Afp | Getty ImagesThree years ago, Josh D'Amaro stood in a nearly empty Disneyland.The California theme park's Main Street was quiet: no cheery tunes from famed barbershop quartet the Dapper Dans, no clanging railroad bell, and no wafting scent of waffle cones from the Gibson Girl Ice Cream Parlor.It had been more than a year ...
'Mandalorian & Grogu,' 'Toy Story 5' and another 'Tron' coming to theaters from Disney
CNBC· 2024-04-05 19:17
The Mandalorian and the Child on Disney+'s "The Mandalorian."The Walt Disney Company's new theatrical slate unveiled Friday will feature the dynamic duo of the Mandalorian and Grogu, a fifth "Toy Story" film and another "Tron" flick before the end of 2026.The company's theatrical business has struggled in the wake of pandemic shutdowns and dual Hollywood labor strikes, as productions stalled and moviegoers' box-office habits shifted. All the while, Disney struggled to connect with audiences, which further e ...
Disney (DIS) Plans to Enforce Stricter Password-Sharing Rules
Zacks Investment Research· 2024-04-05 17:55
Disney (DIS) is taking steps to prevent people from sharing passwords for its streaming service. The company will start cracking down on password sharing in June in some countries and more broadly in September. This is part of the company’s efforts to increase signups and revenues.It is following the footsteps of Netflix (NFLX) , which saw a jump in signups after cracking down on password sharing in May 2023. Last month, Warner Bros. Discovery (WBD) announced that it would start enforcing rules against shar ...
Nelson Peltz might have scored $300 million after losing the Disney proxy war. But it was still a waste of time, expert says
Business Insider· 2024-04-05 01:11
Activist investor Nelson Peltz lost a long proxy war against Disney CEO Bob Iger.The Wall Street Journal reported that Peltz's hedge fund made around $300 million in profits from the battle.Still, Peltz's time could've been spent on other campaigns rather than activism. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...