Disney supercharged its parks. The booming division still has room to run

Core Insights - Disney's experiences division, which includes parks, cruise ships, hotels, and consumer products, achieved record revenue exceeding $10 billion for the first time in its history during the fiscal first quarter [2] - The operating income for this segment reached $3.3 billion, reflecting a 6% increase compared to the same period last year [2] - Experiences accounted for 38% of Disney's total revenue and generated 71% of its operating income for the period ending December 27 [3] Financial Performance - The growth in the experiences segment has accelerated post-Covid, significantly contributing to the company's profits [3] - Company executives project high-single-digit growth in operating income for the experiences segment for fiscal 2026 [3] Leadership and Succession - Bob Iger, CEO of Disney, highlighted the broad and diverse footprint of the business and the ongoing projects that will enhance this diversity [4] - There is an ongoing CEO succession process, with Josh D'Amaro, Chairman of Disney Experiences, expected to be appointed as Iger's successor, pending a vote by the Disney board [5]