Disney Release Fourth-Quarter Earnings Report for 2024

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Disney Reports Mixed Q4 Earnings: Domestic Parks Shine, International Parks Face Challenges

The Walt Disney Company has released its fourth-quarter earnings report for fiscal year 2024, revealing a mixed performance across its various business segments. While the company saw overall revenue growth, challenges in international parks and experiences cast a shadow on an otherwise successful year.

Related – Walt Disney Company Names James P. Gorman as Chairman, Effective January 2, 2025

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Key Highlights

  • Overall Revenue Growth: Disney reported a 6% revenue increase in Q4, reaching $22.6 billion, and a 3% increase for the full fiscal year, with annual revenues at $91.4 billion.
  • Earnings Per Share Surge: Earnings per share for Q4 saw a significant jump of 79%, primarily fueled by strong growth in domestic parks, streaming profits, and a successful film lineup.
  • Increased Operating Income: Total segment operating income for Q4 increased by 23%.
  • International Parks Struggle: Despite overall positive results, international parks and experiences faced challenges, with decreased attendance and rising costs contributing to a decline in operating income.
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CEO’s Statement


Robert A. Iger, Chief Executive Officer of The Walt Disney Company, expressed optimism about the company’s future, highlighting the success of strategic efforts to improve quality, innovation, and value creation. He cited strong performances in film, streaming, and domestic parks, while acknowledging the challenges faced in the international parks segment.

“This was a pivotal and successful year for The Walt Disney Company, and thanks to the significant progress we’ve made, we have emerged from a period of considerable challenges and disruption well positioned for growth and optimistic about our future,” said Robert A. Iger, Chief Executive Officer, The Walt Disney Company. “Our solid performance in the fiscal fourth quarter reflected the success of our strategic efforts to improve quality, innovation, efficiency, and value creation. In Q4 we saw one of the best quarters in the history of our film studio, improved profitability in our streaming businesses, a record-breaking 60 Emmy Awards for the company, the continued power of live sports, and the unveiling of an impressive collection of new projects coming to our Experiences segment. As a result of our strategies and our focus on managing our businesses for both the near- and long-term, we are differentiating ourselves from traditional competitors, leveraging the deepest and broadest set of entertainment assets in the industry to drive attractive returns and further advance our goals.”

Disney Treasure Port Canaveral
(Matt Stroshane, photographer)

Domestic Parks and Experiences Shine

Disney’s domestic parks and experiences division reported strong results, with increased guest spending and higher per capita spending at both theme parks and on cruises. This positive performance was partially offset by increased costs related to inflation, new guest offerings, and technology upgrades.

International Parks Face Headwinds

In contrast, the international parks and experiences segment experienced a decline in operating income. This was attributed to lower attendance, higher costs associated with new offerings and depreciation, and a drop in per capita guest spending at theme parks.

Looking Ahead

Disney’s Q4 earnings report reflects the company’s ongoing efforts to navigate a dynamic and evolving entertainment landscape. While the domestic parks continue to perform well, the challenges in the international parks segment highlight the need for continued focus on optimizing operations and adapting to changing market conditions.

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Chip is the owner, editor, and writer of Chip and Company. When he is not writing about Disney News or Planning Tips, you will find him counting down the days to his next Disney Vacation.
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