Disney warns theme park revenue to fall as quarterly profit slips

Walt Disney reported a decline in operating profit at its theme parks and predicted a ‘moderation in demand’ in coming quarters, overshadowing the success of the animated Pixar film “Inside Out 2” and the company’s streaming services.The company’s stock was down 1.3% Wednesday as Disney warned operating income at the parks would be down ‘mid single-digits’ in the fiscal fourth quarter. 3 The Walt Disney Company’s latest earnings report beat estimates from Wall Street analysts. AP“We expect to see a flatti ...