Disney Posts Strong Earnings Despite Slowdown in Park Visitors

“We recognize that domestic attendance is an important metric for investors, and we’re focused on it as well,” Mr. Johnston told analysts on a conference call. “The good news is, as we look forward, we expect growth to improve in the back half, and our forward bookings are very encouraging as we look to the rest of the year.”

Disney has been offering heavy discounts to keep turnstiles clicking. One summer offer allows children ages 3 to 9 to visit Disneyland in California on a “park hopper” ticket for $50 (compared with $168 to $279 under standard pricing).

With an avuncular tone — more fireside chat than corporate pep rally — Mr. D’Amaro used the call to lay out his long-term vision for the company. It’s not all that different from the course set by his predecessor, Robert A. Iger: Invest in creativity, increase consumer engagement, use emerging technology to “power our storytelling,” and make more money from it.

“Our immediate priority is disciplined execution,” Mr. D’Amaro said.

There was no mention of the Trump administration’s recent order to review all station licenses by ABC, which is owned by Disney. The Federal Communications Commission has said the review is related to an investigation into ABC’s diversity and inclusion policies, but it arrived after Mr. Trump demanded that the network fire its late-night host, Jimmy Kimmel.

Article source: https://www.nytimes.com/2026/05/06/business/media/disney-earnings.html