Disney: 3 Reasons To Buy The Drop
Disney(DIS) Seeking Alpha·2024-06-06 04:35
Colin Anderson Productions pty ltd/DigitalVision via Getty ImagesThe Walt Disney Company (NYSE:DIS) has had major success in recent quarters in fundamentally improving the trajectory of its direct-to-consumer business, with the company achieving a milestone in Q1'24: it grew its DTC segment to operating profitability for the first time. The Streaming platform also announced that it was accelerating its capital returns including both a $3.0B stock buyback as well as an increased dividend which is set to ...