Disney’s Q1 2023 Results: 3 Charts To Tell The Story


  • With peak in streaming losses already behind us, Disney’s business model is shaken by yet another restructuring.
  • Record high quarterly margins at Disney’s parks and experiences would not be the silver bullet to high shareholder returns.
  • Higher future margins are already priced in and with that upside appears limited, even if management executes on its current strategy.

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Charley Gallay

Optimism seems to be returning at The Walt Disney Company (NYSE:DIS) as the company reported its first quarter results for the current fiscal year.

The upbeat numbers have resulted in a wave of much-needed hype for shareholders after

Disney share price

Prepared by the author, using data from Seeking Alpha

Disney DTC subscribers

Prepared by the author, using data from Quarterly Reports

Disney profits by segment

Prepared by the author, using data from Quarterly Reports

Disney Margins

prepared by the author, using data from Annual and Quarterly Reports

Disney Cost Cutting Program

Disney Investor Presentation

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