Walt Disney Company (the) · NYSE:DIS
Walt Disney Company (the) — The Walt Disney Company — Q2 2025 Earnings Presentation
11 slides from Walt Disney Company (the)'s earnings presentation, May 7, 2025
Slide 1: Q2 FY25 Earnings — Prepared Management Commentary
Oui Keney Company F Q2 FY25 Earnings — Prepared Management Commentary May 7, 2025 Please view these remarks in conjunction with our Q2 FY 2025 earnings release and Form 10-Q that can be found on our website at https://thewaltdisneycompany.com/investor-relations/ We also invite you to listen to today
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS. Certain statements in these remarks may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our expectations, beliefs, plans, financial prospects, trends or outlook and guidance
Slide 3: Q2 FY25 Earnings Commentary From Our CEO & CFO
Q2 FY25 EARNINGS COMMENTARY FROM OUR CEO & CFO Q2 was an outstanding quarter for the company, with Q2 adjusted EPS' up 20% from the prior year. For the first half of fiscal 2025, adjusted EPS' was up 32%. These strong results demonstrate continued execution across our four strategic priorities: prod
Slide 4: Streaming
just became the highest-rated Star Wars TV series or movie with a 97% critics score on Rotten Tomatoes. And our kids and family programming continues to be recognized for its excellence — Disney won 25 Children and Family Emmy Awards in March, with Percy Jackson and the Olympians the most awarded se
Slide 5: Sports
SPORTS Record-breaking viewership in the quarter reinforced ESPN’s strength as the premier destination for sports fans, and we remain focused on ESPN’s continued evolution as the preeminent digital sports platform to serve fans anytime, anywhere. ESPN delivered its most-watched Q2 in primetime ever,
Slide 6: Financial Review and Outlook
As we turbocharge long-term growth with a number of strategic investments, we currently have more expansion projects underway around the world than at any time in our history. That includes a robust slate of new lands and attractions in development at our domestic Parks, which will create thousands
Slide 7: Entertainment segment results
content, and higher home entertainment results driven by the performance of Moana 2. Theatrical distribution results were comparable to the prior-year quarter, reflecting the carryover performance from QI] of Mufasa: The Lion King and Moana 2, largely offset by Snow White and Captain America: Brave
Slide 8: Experiences results and outlook
Cruise Line fleet. Results included approximately $35 million of pre-opening expenses driven primarily by the Disney Destiny and Disney Adventure, which will launch in late 2025. We expect full-year fiscal 2025 pre-opening expenses for Disney Cruise Line of approximately $200 million, with $40 milli
Slide 9: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES This executive commentary presents diluted EPS excluding certain items (also referred to as adjusted EPS) and total segment operating income. Diluted EPS excluding certain items and total segment operating income are important financial measures for the Company but are no
Slide 10: Reconciliation of reported diluted EPS to adjusted EPS
The following table reconciles reported diluted EPS to diluted EPS excluding certain items for the second quarter: {in millions except EPS) wee tess bs oe Ps ine Diluted EPS pail Quarter Ended March 29,2025 As reported $3,087 $314 $3,401 $1.81 nm Exclude: Resolution of a prior-year tax matter - (1,0
Slide 11: Total segment operating income
Total seqment operating income The Company evaluates the performance of its operating segments based on segment operating income, and management uses total segment operating income (the sum of segment operating income from all of the Company’s segments) as a measure of the performance of operating b
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