Disney Parks, Films Boost Profit in CEO’s Debut Quarter

Disney beat fiscal Q2 expectations with a 5% operating income increase, fueled by higher per capita spending at parks and aggressive streaming price increases that consumers have accepted. The company sees continued momentum in the second half of the year, supported by strong content and the Disney bundle. - Disney reported fiscal Q2 operating income up 5% vs. 2% expected. - Parks revenue growth driven by higher per capita spending, despite soft attendance. - Streaming prices have increased ~70% over four years with consumer acceptance. - Disney bundle (Disney+, Hulu, ESPN) provides compelling value and aids retention. - Content like Zootopia 2 boosts streaming engagement and theatrical performance. - Management expressed confidence in continued strength through the second half.