Disney CEO Iger admits the company was 'too aggressive in its zeal to grow profits' after theme park price hikes left fans furious
stayed resilient even amid the price hikes and recession fears, with revenues up 21% in the first quarter of fiscal 2023 which ends on September 30, the company reported on February 8.
Iger said Thursday the steps Disney took after he took over from Chapek"resonated extremely well with consumers." "We're not only going to continue to listen to consumers, but we're going to continue to adjust," Chapek added. Walt Disney shares closed 3.2% lower at $96.14 a piece on Thursday. They are up over 10% so far this year.Subscribe to push notifications
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