Walt Disney: Struggles Continue

JHVEPhoto In May 2023, I was wondering if wonderland would return to the case of The Walt Disney Company (NYSE:DIS). Margin pressure was widespread, with lower earnings, poor cash flow conversion and high debt levels making me cautious on the stock, with few triggers in sight. By now, the company has returned to (margin) growth, but the company is still performing far below past profitability metrics here. While the risk-reward seems more compelling here than we have seen for a while, amidst reasonable  ...