Disney's blowout quarter proves it can still turn stories into empires. The stock soars 10%
Photo: Lyvans Boolaky (Getty Images)
Disney's (DIS) latest earnings report delivered a bit of old-school magic. Revenue rose 7% to $23.6 billion, up from $22.1 billion last year. EPS rose to $1.45 from last year's $1.21.
As the company works to steady its streaming ship, it's the theme parks that continue to do the heavy lifting, with higher prices, fuller cruise ships, and longer guest stays all contributing to that rising bottom line.
Disney stock rose 10.4% in Wednesday morning trading. The shares are still down about 8% so far this year.
Standout performance in parks
Revenue in the Parks, Experiences, and Products segment jumped 10% year over year to $8.4 billion, while operating income from domestic parks climbed 12% to $1.9 billion. Disney Cruise Line added the Disney Treasure to its fleet and expanded its itineraries. Guest spending also rose, thanks to add-ons like Genie+ and Lightning Lane.
Defying some analysts' fears that the trade war is weighing on American brands overseas, Disney's international parks turned in a strong quarter, with operating income up 7%. Hong Kong Disneyland even turned a profit—something that hasn't happened in years.
CEO Bob Iger called the parks 'a cornerstone of our business,' and with $60 billion earmarked for further buildouts over the next decade, the company is clearly betting that physical experiences will keep driving real-world dollars.
So far, the bet is working. Even amid a softening consumer economy, guests aren't balking at the price hikes.
Disney's storytelling machine is humming again, too.
Mufasa: The Lion King has now quietly pulled in over $720 million globally since its holiday release, and as Iger pointed out in his comments, Marvel's Thunderbolts is the top film in the world.
The rest of the 2025 lineup reads like a greatest-hits remix: Freakier Friday, Zootopia 2, Elio, Avatar: Fire and Ash, and The Fantastic Four: First Steps are all examples of the franchise extensions Disney is well known for.
Perhaps unsurprisingly, the Moana universe 'knows the way.' Moana 2 became one of the top three films of 2024, earning $1 billion at the box office, and has clocked 139 million streaming hours on Disney+ since March. The original remains the most-streamed film on the platform with an eye-watering 1.4 billion viewing hours — and like other Disney IP goes on minting cash by fueling attractions, stage shows, and character meet-and-greets across parks and cruise ships. It's less a virtuous cycle than a virtuous voyage.
Content powers streaming to modest growth
All this momentum is translating into modest growth for Disney+. The service added 1.4 million subscribers in Q2 to reach 126 million overall, driven by both domestic and international gains. Executives credited the strong content bank — especially Moana 2, Mufasa, and Daredevil: Born Again — for the bump in subscriptions and streaming revenue.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
31 minutes ago
- New York Post
Trump orders FAA to remove supersonic flight restrictions: ‘Bold new chapter in aerospace innovation'
President Trump is boosting supersonic aviation in the United States. An executive order the commander in chief signed Friday directs the Federal Aviation Administration to repeal a 1973 rule prohibiting overland supersonic flight, establish new noise standards for aircraft and remove other regulations that get in the way of the development of high-speed planes. 'The United States stands at the threshold of a bold new chapter in aerospace innovation,' the president wrote in the order. Advertisement 'For more than 50 years, outdated and overly restrictive regulations have grounded the promise of supersonic flight over land, stifling American ingenuity, weakening our global competitiveness, and ceding leadership to foreign adversaries.' 3 'President Trump is Making Aviation Great Again,' the White House said of the his executive order. AFP via Getty Images Trump argued that advances in engineering and technology have now made supersonic air travel 'not just possible, but safe, sustainable, and commercially viable.' Advertisement 'This order begins a historic national effort to reestablish the United States as the undisputed leader in high-speed aviation,' the president declared. 'By updating obsolete standards and embracing the technologies of today and tomorrow, we will empower our engineers, entrepreneurs, and visionaries to deliver the next generation of air travel, which will be faster, quieter, safer, and more efficient than ever before.' Under current FAA rules, only military aircraft – flying in specially designated areas – are allowed to break the sound barrier over land. The 1973 ban on overland supersonic flight was primarily due to the disruptive impact of the sonic booms produced when aircraft exceed the speed of sound. 3 Boom Supersonic hopes to develop a commercially viable supersonic aircraft. AP Advertisement 3 The FAA banned supersonic flights over the United States in 1973, over noise concerns. Chad Robertson – However, new technology has enabled one aircraft maker, Boom Supersonic, to develop a plane that can cruise above Mach 1 without emitting a sonic boom. 'Supersonic is back, baby!' Boom Supersonic founder and CEO Blake Scholl wrote on X, noting that in January, his company's XB-1 aircraft became the first privately developed supersonic jet to break the sound barrier. 'And today…[Trump] broke the sound barrier…permanently!' he added. Advertisement Scholl argued that the ban on supersonic flight has 'crippled progress' in aviation for half a century, but with Trump's order in place, 'The supersonic race is on and a new era of commercial flight can begin.' 'By removing decades-old regulatory barriers and promoting cutting-edge supersonic technology, President Trump is Making Aviation Great Again,' the White House said in a statement.
Hamilton Spectator
39 minutes ago
- Hamilton Spectator
Alberta resumes buying U.S. alcohol, months after pause meant to fight tariffs
EDMONTON - Alberta is buying American alcohol and gambling machines again, three months after Premier Danielle Smith announced restrictions aimed at fighting back against U.S. tariffs. Service Alberta Minister Dale Nally said Friday that the move signals a 'renewed commitment to open and fair trade' with the United States. Smith said in March that the province would no longer buy U.S. alcohol and video lottery terminals, or sign contracts with American companies. Alberta's liquor stores are privately owned but must order stock through the provincial government. That came a day after U.S. President Donald Trump slapped heavy tariffs on Canadian goods and energy. Other premiers also announced bans on U.S. liquor along with other proposed penalties. Nally said in a statement that the decision to resume buying U.S. alcohol and gambling machines 'sets the stage for more constructive negotiations' ahead of a renewal of the Canada-U.S.-Mexico trade agreement. The agreement, known as CUSMA, was negotiated during the first Trump administration and is up for a mandatory review in 2026. 'Prime Minister Mark Carney has made a clear effort to reset the relationship with the U.S. administration, and Alberta's government supports this approach,' Nally said. 'We are focused on highlighting Alberta's role as a responsible and collaborative trading partner and will continue working alongside other provinces to advocate for a tariff-free relationship.' The minister said Albertans are encouraged to continue supporting local producers, even as more U.S. options return to store shelves. In April, the province paused its policy around procurement from U.S. companies in what Nally called 'the spirit of diplomacy.' This report by The Canadian Press was first published June 6, 2025. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Yahoo
an hour ago
- Yahoo
Impressive five-bedroom Edwardian home in Cheam listed for £1.25million
An impressive five-bedroom Edwardian semi-detached home located in Cheam's Landseer Conservation Area has been listed for offers over £1.25 million. The property, situated on Derby Road in Sutton, is described as a 'character residence' by estate agents Watson Homes, and offers over 2,000 sq ft of space. The period property, which dates back to the Edwardian era, is said to have a range of original features. These include a cast iron fireplace, stained leaded light windows, and a feature staircase. Original features include cast iron fireplace, stained glass, and staircase (Image: Watson Homes - Cheam Village) The home has two reception rooms, one of which is an extended dining room that leads into a conservatory. The kitchen is fitted with wooden wall units, a movable island, and an American-style fridge/freezer, alongside integrated "AEG" oven/grill and "Bosch" dishwasher. Spacious kitchen with island and conservatory opens to 90ft garden (Image: Watson Homes - Cheam Village) The house also has a utility area and a downstairs shower room. The five bedrooms are spread across the upper floors, with the fifth being a bright and airy room that offers flexible living space. Flexible fifth bedroom and insulated cabin ideal for home working (Image: Watson Homes - Cheam Village) The property's bathroom is fitted with a luxury suite, including a freestanding bath tub with chrome mixer tap and shower attachment. Bathroom features luxury suite with freestanding bath and chrome fixtures (Image: Watson Homes - Cheam Village) The house has off-street parking, an electric vehicle charger point, and a pretty topiary hedge and decorative footpath. The rear garden, which is approximately 90ft long, is described as a 'lovely' space with a decorative patio area, sandstone paved footpath, well stocked flowerbeds, fruit trees, and an abundance of plants. The garden also features a detached cabin with an insulated ceiling and floor, power supply, and double glazed windows. Rear garden boasts cabin, fruit trees, and sandstone patio retreat (Image: Watson Homes - Cheam Village) The property is within walking distance of Cheam train station and West Sutton, providing good transport links into Victoria, London Bridge, Wimbledon, and St Pancras. The area is also well-served by bus routes, making it a convenient location for school children and commuters. Cheam Village, with its quaint coffee shops, is also nearby, while Sutton offers larger department stores, banking, and eateries. The area is noted for its high standard of local schools, including Homefield, St Dunstan's, Sutton High, Sutton Grammar, Nonsuch, and The Avenue. The home is listed as a freehold property with an EPC Rating of D. Anyone interested in viewing the property can contact Watson Homes.
