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Disney shares jump 8% as new CEO Josh D'Amaro's growth strategy excites Wall Street

New York Post·Reuters·27 days ago
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Walt Disney’s new Chief Executive Josh D’Amaro laid out his strategy for the entertainment company Wednesday, saying it would remain committed to creative excellence, strengthen its streaming business, capitalize on the power of live sports and continue to invest in its theme parks and cruise lines. “Our focus remains consistent — improve the consumer experience, deepen engagement, and continue building a healthy and more durable growth business,” D’Amaro said during the company’s first-quarter earnings call, his first at the helm of Disney. Investors sent Disney’s stock up nearly 8% in early trading. Disney CEO Josh D’Amaro and actress Anne Hathaway last month. D’Amaro reiterated that the company expected growth to accelerate in the second half of the fiscal year.…

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