Walt Disney CompanyQ3 operating income up 21%, revenue up 7%, raised buyback to $9B

Walt Disney reported fiscal third quarter results with total segment operating income up 21% and total company revenue growth of 7%, ahead of prior guidance. CEO Josh D'Amaro said Disney Experiences delivered record fiscal Q3 revenue and segment operating income, with global guests up 4% year-over-year and domestic park attendance up 3%. The company reiterated its full year outlook and now expects Experiences segment operating income growth at the high end of its prior high-single-digit guidance, excluding the 53rd week. Disney also announced a TikTok partnership to bring curated feeds and fan-created content to Disney+, and raised its fiscal 2026 share repurchase plan to at least $9 billion from about $7 billion.
Walt Disney CompanyQ3 operating income up 21%, revenue up 7%, raised buyback to $9B