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Wednesday, August 9, 2023

Dissing DIS -- August 9, 2023

Locator: 45403B.

Most interesting investment story today -- DIS! This says it all:


It sounds like earnings estimates were met due to cost cuts. Bob Iger was thrilled with cost cuts.

Companies that meet earnings estimates due to cost cuts do not impress me. How about selling their product(s)?


More, from The WSJ:


Analysts think Disney could re-instate dividends as early as next year, 2024.

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