Josh D’Amaro Lays Out “Long-Term View” for Disney in First Earnings Report Since Taking Over as CEO
Airfind news item
By Alex Weprin
Published on May 6, 2026.
Walt Disney Co. CEO Josh D'Amaro has laid out his long-term vision for the company, using his first quarterly earnings report to introduce himself to Wall Street and explain where he sees the company going. The company beat Wall Street expectations in Q2, reporting revenue of $25.2 billion and segment operating income of $4.6 billion. Entertainment division led with revenues of $11.7 billion, up 10% from a year ago, followed by experiences, with operating income increasing by 6%. The executives also reiterated their plan to make Disney+ a centerpiece of the company's strategy, focusing on making the platform more engaging and more central to how fans experience their brands. They also highlighted the potential commercial opportunities for artificial intelligence within the company.
Read Original Article