Walt Disney Co reported the quarter ended March 28, 2026 results: revenue $25.2 billion, EPS $1.57.
“results modestly exceeded our prior guidance. Stronger-than-expected revenue growth was the primary driver of the outperformance. Revenues increased 7% for the second quarter to $25.2 billion from $23.6 billion in Q2 fiscal 2025. Income before income taxes increased 9% to $3.4 billion from $3.1 billion in Q2 fiscal 2025. Total segment operating income (1) increased 4%”
Mark G. Parker resigned as Chairman and director at Walt Disney Co.
“On October 18, 2024, Mark G. Parker, Chairman and director on the Board of Directors (the “Board”) of The Walt Disney Company (the “Company”), informed the Company of his decision to resign from the Board, effective as of January 2, 2025.”
Safra A. Catz resigned as director at Walt Disney Co.
“On July 18, 2024, Safra A. Catz, a director on the Board of Directors (the “Board”) of The Walt Disney Company (the “Company”), informed the Company of her resignation from the Board as of the same date.”
Earnings Releases
Walt Disney Co reported second quarter ended March 30, 2024 results: revenue $22.1 billion, EPS $1.21.
“Calif. – The Walt Disney Company today reported earnings for its second quarter ended March 30, 2024. Financial Results for the Quarter: • Revenues for the quarter increased to $22.1 billion from $21.8 billion in the prior-year quarter. • Diluted earnings per share (EPS) was a loss of $0.01 for the current quarter compared to income of $0.69 in the prior-year”
Shareholder Votes
Walt Disney Co shareholders rejected The Blackwells Group proposal for an advisory vote to cause the Board to increase its size by the number of nominees recommended by the Board at the Annual Meeting that fail to be elected, if any, for failure to receive more votes than a Trian Group Nominee or a Blackwells Group Nominee, and to appo at the 2024-04-17 meeting.
“10. The Blackwells Group proposal for an advisory vote to cause the Board to increase its size by the number of nominees recommended by the Board at the Annual Meeting that fail to be elected, if any, for failure to receive more votes than a Trian Group Nominee or a Blackwells Group Nominee, and to appoint any and all such nominees recommended by the Board to fill the newly created corresponding vacancies 33,080,217 1,145,255,927 15,547,554 72,413,161 The proposal did not obtain approval based on the final results of voting.”
Shareholder Votes
Walt Disney Co shareholders rejected The Trian Group proposal to repeal each provision or amendment of the Company's Bylaws that has been adopted by the Board (and not the shareholders of the Company) since November 30, 2023 at the 2024-04-17 meeting.
“9. The Trian Group proposal to repeal each provision or amendment of the Company's Bylaws that has been adopted by the Board (and not the shareholders of the Company) since November 30, 2023 350,371,813 826,599,931 16,912,226 72,412,889 The proposal did not obtain approval based on the final results of voting.”
Shareholder Votes
Walt Disney Co shareholders rejected Shareholder proposal requesting publication of recipients of charitable contributions at the 2024-04-17 meeting.
“8. Shareholder proposal requesting publication of recipients of charitable contributions 50,634,036 1,097,491,879 24,374,530 93,796,414 The proposal did not obtain approval based on the final results of voting.”
Shareholder Votes
Walt Disney Co shareholders rejected Shareholder proposal requesting a report on gender transitioning compensation and benefits at the 2024-04-17 meeting.
“7. Shareholder proposal requesting a report on gender transitioning compensation and benefits 27,588,868 1,120,319,612 23,591,962 94,796,417 The proposal did not obtain approval based on the final results of voting.”
Shareholder Votes
Walt Disney Co shareholders rejected Shareholder proposal requesting a report on political expenditures at the 2024-04-17 meeting.
“6. Shareholder proposal requesting a report on political expenditures 296,303,157 864,285,701 33,295,114 72,412,887 The proposal did not obtain approval based on the final results of voting.”
Shareholder Votes
Walt Disney Co shareholders rejected Shareholder proposal requesting the Company’s Board of Directors seek shareholder approval for Section 16 officers' termination payments at the 2024-04-17 meeting.
“5. Shareholder proposal requesting the Company’s Board of Directors (the “Board”) seek shareholder approval for Section 16 officers' termination payments 95,410,173 1,065,617,327 32,856,460 72,412,899 The proposal did not obtain approval based on the final results of voting.”
Shareholder Votes
Walt Disney Co shareholders approved Approval of an amendment and restatement of the Company’s Amended and Restated 2011 Stock Incentive Plan to increase the number of shares authorized for issuance at the 2024-04-17 meeting.
“4. Approval of an amendment and restatement of the Company’s Amended and Restated 2011 Stock Incentive Plan to increase the number of shares authorized for issuance 1,045,071,194 82,784,581 66,027,463 72,413,621 The proposal was approved based on the final results of voting.”
Shareholder Votes
Walt Disney Co shareholders approved Advisory vote to approve executive compensation at the 2024-04-17 meeting.
“3. Advisory vote to approve executive compensation 935,945,648 239,630,042 18,307,839 72,413,330 The proposal was approved based on the final results of voting.”
Shareholder Votes
Walt Disney Co shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as independent registered public accountants for fiscal 2024 at the 2024-04-17 meeting.
“2. Ratification of the appointment of PricewaterhouseCoopers LLP as independent registered public accountants for fiscal 2024 1,204,328,019 50,937,775 11,031,065 The proposal was approved based on the final results of voting.”
Shareholder Votes
Walt Disney Co shareholders approved Election of Directors at the 2024-04-17 meeting.
“1. Election of Directors: For Withhold Company’s Board of Director Nominees Mary T. Barra 1,107,134,930 84,328,145 Safra A. Catz 1,115,167,223 76,248,106 Amy L. Chang 1,148,348,862 43,098,849 D. Jeremy Darroch 1,147,893,579 43,511,230 Carolyn N. Everson 1,108,546,931 82,870,427 Michael B.G. Froman 1,041,407,854 150,327,335 James P. Gorman 1,160,950,477 30,438,562 Robert A. Iger 1,118,465,241 73,022,334 Maria Elena Lagomasino 749,857,222 441,873,001 Calvin R. McDonald 1,111,262,043 80,118,980 Mark G. Parker 1,043,810,632 147,566,117 Derica W. Rice 1,088,315,396 103,062,269 Trian Group’s Nominees Nelson Peltz 370,974,890 819,744,149 James A. Rasulo 141,546,437 1,049,145,182 Blackwells Group’s Nominees Craig Hatkoff 24,418,048 1,166,185,972 Jessica Schell 25,164,966 1,165,449,628 Leah Solivan 24,318,797 1,166,261,970 Based on the final results of voting received from the Inspector of Election, the twelve directors elected at the Annual Meeting are Mary T. Barra, Safra A. Catz, Amy L. Chan”
Restructurings & Charges
Walt Disney Co announced a impairment with charges of between $1.8 billion to $2.4 billion affecting Star India Private Limited and entertainment linear networks reporting unit.
“In the current quarter, the Company currently expects to record non-cash pre-tax impairment charges estimated to be between $1.8 billion to $2.4 billion, approximately half of which reflects a write-down of the net assets of Star India, in order to adjust them to fair value (less estimated transaction costs) pursuant to held-for-sale accounting, and approximately half of which reflects a write-down of goodwill at the entertainment linear networks reporting unit, reflecting the impact of removing Star India.”
Earnings Releases
Walt Disney Co reported first quarter ended December 30, 2023 results: revenue $23.5 billion, EPS $1.04.
“THE WALT DISNEY COMPANY REPORTS FIRST QUARTER EARNINGS FOR FISCAL 2024 BURBANK, Calif. – The Walt Disney Company today reported earnings for its first quarter ended December 30, 2023. Financial Results for the Quarter: • Revenues for the quarter were comparable to the prior-year quarter at $23.5 billion. • Diluted earnings per share (EPS) for the quarter increased to $1.04 from $0.70 in the prior-year quarter.”
Horacio E. Gutierrez changed role as Senior Executive Vice President, Chief Legal and Compliance Officer at Walt Disney Co.
“Mr. Gutierrez’s title was changed to Senior Executive Vice President, Chief Legal and Compliance Officer of the Company”
Governance Changes
Walt Disney Co: Amended and restated bylaws to address Rule 14a-19, require colored proxy cards, and enhance procedural mechanics for stockholder proposals and director nominations (effective 2023-11-30).
“On November 30, 2023, the Board of Directors (the “Board”) of The Walt Disney Company (the “Company”) amended and restated the Company’s Amended and Restated Bylaws (as so amended and restated, the “Bylaws”), which became effective that same date.”
Francis A. deSouza departed as director at Walt Disney Co.
“Francis A. deSouza, a director on the Board, informed the Company that he will not stand for reelection”
James P. Gorman was elected as director at Walt Disney Co.
“James P. Gorman, effective as of February 5, 2024”
D. Jeremy Darroch was elected as director at Walt Disney Co.
“elected D. Jeremy Darroch, effective as of January 9, 2024”
Earnings Releases
Walt Disney Co reported financial results for the quarter and year ended September 30, 2023.
“On November 8, 2023, the Registrant issued a press release relating to its results for the quarter and year ended September 30, 2023.”
Kevin Lansberry changed role as Executive Vice President and Chief Financial Officer of the Company’s Experiences segment at Walt Disney Co.
“In addition, effective December 4, 2023, Kevin Lansberry will cease to serve as Interim Chief Financial Officer and return to his position as Executive Vice President and Chief Financial Officer of the Company’s Experiences segment.”
Hugh F. Johnston was appointed as Senior Executive Vice President and Chief Financial Officer at Walt Disney Co.
“On November 2, 2023, The Walt Disney Company (the “Company”) appointed Hugh F. Johnston as Senior Executive Vice President and Chief Financial Officer for a stated term commencing on December 4, 2023, and ending December 31, 2026.”
Kevin A. Lansberry was appointed as Interim Chief Financial Officer at Walt Disney Co.
“the Company appointed Kevin A. Lansberry, age 59, to serve as the Company's Interim Chief Financial Officer and principal financial officer, effective July 1, 2023.”
Christine M. McCarthy changed role as Senior Executive Vice President and Chief Financial Officer at Walt Disney Co.
“Ms. McCarthy will cease to serve as Senior Executive Vice President and Chief Financial Officer during her leave of absence and will have the title 'Strategic Advisor' during the leave.”
Restructurings & Charges
Walt Disney Co announced a impairment with charges of up to approximately $0.4 billion affecting DTC and other platforms.
“The Company is continuing its review and currently anticipates additional produced content will be removed from its DTC and other platforms, largely during the remainder of its third fiscal quarter. As a result, the Company currently estimates it may incur further impairment charges of up to approximately $0.4 billion related to produced content.”
Restructurings & Charges
Walt Disney Co announced a impairment with charges of a $1.5 billion impairment charge affecting direct-to-consumer services.
“On May 26, 2023, the Company removed certain produced content from its DTC services. As a result, the Company will record a $1.5 billion impairment charge in its fiscal third quarter financial statements to adjust the carrying value of these content assets to fair value.”
Earnings Releases
Walt Disney Co reported Six Months Ended April 1, 2023 results: revenue $ 45,327, net income $ 2,550, EPS $ 1.39.
“The following table summarizes the second quarter results for fiscal 2023 and 2022 (in millions, except per share amounts): Quarter Ended Six Months Ended April 1, 2023 April 2, 2022 Change April 1, 2023 April 2, 2022 Change Revenues $ 21,815 $ 19,249 13 % $ 45,327 $ 41,068 10 % Income from continuing operations before income taxes $ 2,123 $ 1,102 93 % $ 3,896 $ 2,790 40 % Total segment operating income (1) $ 3,285 $ 3,699 (11) % $ 6,328 $ 6,957 (9) % Net income from continuing operations (2) $ 1,271 $ 470 >100 % $ 2,550 $ 1,622 57 % Diluted EPS from continuing operations (2) $ 0.69 $ 0.26 >100 % $ 1.39 $ 0.89 56 %”
Earnings Releases
Walt Disney Co reported Quarter Ended April 1, 2023 results: revenue $ 21,815, net income $ 1,271, EPS $ 0.69.
“The following table summarizes the second quarter results for fiscal 2023 and 2022 (in millions, except per share amounts): Quarter Ended Six Months Ended April 1, 2023 April 2, 2022 Change April 1, 2023 April 2, 2022 Change Revenues $ 21,815 $ 19,249 13 % $ 45,327 $ 41,068 10 % Income from continuing operations before income taxes $ 2,123 $ 1,102 93 % $ 3,896 $ 2,790 40 % Total segment operating income (1) $ 3,285 $ 3,699 (11) % $ 6,328 $ 6,957 (9) % Net income from continuing operations (2) $ 1,271 $ 470 >100 % $ 2,550 $ 1,622 57 % Diluted EPS from continuing operations (2) $ 0.69 $ 0.26 >100 % $ 1.39 $ 0.89 56 %”
Shareholder Votes
Walt Disney Co shareholders approved say on pay frequency at the 2023-04-03 meeting.
“4. Advisory vote on the frequency of advisory votes on executive compensation 1,126,746,433 3,853,470 15,468,333 6,165,100 246,275,740”
Shareholder Votes
Walt Disney Co shareholders approved say on pay at the 2023-04-03 meeting.
Walt Disney Co shareholders approved auditor ratification at the 2023-04-03 meeting.
“2. Ratification of the appointment of PricewaterhouseCoopers LLP as independent registered public accountants 1,311,359,484 57,138,272 30,011,320”
Shareholder Votes
Walt Disney Co shareholders approved director election at the 2023-04-03 meeting.
“1. Election of Directors: For Against Abstentions Broker Non-Votes Mary T. Barra 1,082,712,132 40,260,933 29,260,272 246,275,740 Safra A. Catz 1,124,101,969 21,860,641 6,270,727 246,275,740 Amy L. Chang 1,102,103,322 20,694,100 29,435,915 246,275,740 Francis A. deSouza 1,092,226,941 30,390,418 29,615,978 246,275,740 Carolyn N. Everson 1,127,907,213 20,392,822 3,933,302 246,275,740 Michael B.G. Froman 1,091,045,671 31,309,882 29,877,784 246,275,740 Robert A. Iger 1,111,066,881 38,023,424 3,143,032 246,275,740 Maria Elena Lagomasino 1,045,572,065 77,145,634 29,515,638 246,275,740 Calvin R. McDonald 1,090,864,368 31,294,850 30,074,119 246,275,740 Mark G. Parker 1,045,824,057 76,772,979 29,636,301 246,275,740 Derica W. Rice 1,060,805,797 61,304,069 30,123,471 246,275,740”
Paul J. Richardson departed as Senior Executive Vice President and Chief Human Resources Officer at Walt Disney Co.
“On March 8, 2023, The Walt Disney Company (the “Company”) exercised its right to terminate without cause the employment of Paul J. Richardson as Senior Executive Vice President and Chief Human Resources Officer, effective at the end of April 7, 2023.”
Earnings Releases
Walt Disney Co reported first quarter ended December 31, 2022 results: revenue $23,512, net income $1,279, EPS $0.70.
“table summarizes the first quarter results for fiscal 2023 and 2022 (in millions, except per share amounts): Quarter Ended December 31, 2022 January 1, 2022 Change Revenues $ 23,512 $ 21,819 8 % Income from continuing operations before income taxes $ 1,773 $ 1,688 5 % Total segment operating income (1) $ 3,043 $ 3,258 (7) % Net income from continuing”
Robert A. Chapek resigned as Director at Walt Disney Co.
“Effective as of the termination, Mr. Chapek also resigned from the Board pursuant to the terms of his employment agreement.”
Robert A. Chapek was terminated as Chief Executive Officer at Walt Disney Co.
“The Company exercised its right to terminate without cause the employment of Robert A. Chapek as Chief Executive Officer.”
Robert A. Iger was appointed as Director at Walt Disney Co.
“The Company’s Board of Directors (the “Board”) also appointed Mr. Iger to serve as a Director on the Board with a term expiring at the 2023 Annual Meeting.”
Robert A. Iger was appointed as Chief Executive Officer at Walt Disney Co.
“On November 20, 2022, The Walt Disney Company (the “Company”) appointed Robert A. Iger as Chief Executive Officer for a term ending December 31, 2024.”
Earnings Releases
Walt Disney Co reported the fiscal year ended October 1, 2022 results: revenue $82,722, net income $3,193, EPS $1.75.
“Revenues $ 20,150 $ 18,534 9 % $ 82,722 $ 67,418 23 % Income from continuing operations before income taxes $ 376 $ 290 30 % $ 5,285 $ 2,561 >100 % Total segment operating income (1) $ 1,597 $ 1,587 1 % $ 12,121 $ 7,766 56 % Net income from continuing operations (3) $ 162 $ 160 1 % $ 3,193 $ 2,024 58 % Diluted EPS from continuing operations (3) $ 0.09 $ 0.09 — % $ 1.75 $ 1.11 58 %”
Earnings Releases
Walt Disney Co reported the quarter ended October 1, 2022 results: revenue $20,150, net income $162, EPS $0.09.
“Revenues $ 20,150 $ 18,534 9 % $ 82,722 $ 67,418 23 % Income from continuing operations before income taxes $ 376 $ 290 30 % $ 5,285 $ 2,561 >100 % Total segment operating income (1) $ 1,597 $ 1,587 1 % $ 12,121 $ 7,766 56 % Net income from continuing operations (3) $ 162 $ 160 1 % $ 3,193 $ 2,024 58 % Diluted EPS from continuing operations (3) $ 0.09 $ 0.09 — % $ 1.75 $ 1.11 58 %”
Carolyn Everson was appointed as Director at Walt Disney Co.
“the Company increased the size of the Board from 11 to 12 directors and appointed the New Director as a director of the Company effective as of November 21, 2022”
Zenia B. Mucha departed as Senior Executive Vice President and Chief Communications Officer at Walt Disney Co.
“Additionally, on July 12, 2021, Zenia B. Mucha, Senior Executive Vice President and Chief Communications Officer of the Company, whose current employment agreement with the Company ends on December 31, 2021, notified the Company that she is stepping down from her positions at the Company effective as of (i) January 1, 2022 or (ii) such later date as may be necessary to effect a smooth transition.”
Alan N. Braverman departed as Senior Executive Vice President, General Counsel and Secretary at Walt Disney Co.
“On July 12, 2021, Alan N. Braverman, Senior Executive Vice President, General Counsel and Secretary of The Walt Disney Company (the “Company”), whose current employment agreement with the Company ends on December 31, 2021, notified the Company that he is stepping down from his positions at the Company effective as of (i) January 1, 2022 or (ii) such later date as may be necessary to effect a smooth transition.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.