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1、February5,2025THEWALTDISNEYCOMPANYREPORTSFIRSTQUARTEREARNINGSFORFISCAL2025BURBANK,Calif.TheWaltDisneyCompanytodayreportedearningsforitsfirstfiscalquarterendedDecember28,2024.FinancialResultsfortheQuarter:Revenuesincreased5%forQ1to$24.7billionfrom$23.5billioninQ1fiscal2024Incomebeforeincometaxesincre
2、ased27%forQ1to$3.7billionfrom$2.9billioninQ1fiscal2024Dilutedearningspershare(EPS)increased35%forQ1to$1.40from$1.04inQ1fiscal2024Totalsegmentoperatingincome(1)increased31%forQ1to$5.1billionfrom$3.9billioninQ1fiscal2024andadjustedEPS(1)increased44%forQ1to$1.76from$1.22inQ1fiscal2024KeyPoints:Entertai
3、nment:Segmentoperatingincomeincreased$0.8billionto$1.7billionDirect-to-Consumeroperatingincomeincreased$431millionto$293millionDirect-to-Consumeradvertisingrevenuedeclined2%;excludingtheDisney+HotstarserviceinIndia(2),Direct-to-Consumeradvertisingrevenuewasup16%vs.Q1fiscal2024178millionDisney+andHul
4、usubscriptions,anincreaseof0.9millionvs.Q4fiscal2024125millionDisney+subscribers,adecreaseof0.7millionvs.Q4fiscal2024ContentSales/LicensingandOtheroperatingincomeincreased$536millionto$312milliondrivenbytheperformanceofMoana2Sports:Segmentoperatingincomeincreased$350millionto$247millionDomesticESPNa
5、dvertisingrevenueup15%vs.Q1fiscal2024Experiences:Segmentoperatingincomeof$3.1billioncomparabletoQ1fiscal2024,reflectinga6percentage-pointadverseimpacttoyear-over-yeargrowthduetoHurricanesMiltonandHelene($120millionimpact)andpre-openingexpenses($75millionimpactinQ1fiscal2025)drivenbythelaunchoftheDis
6、neyTreasureDomesticParks&Experiencesoperatingincomedeclined5%,reflectinga9percentage-pointadverseimpacttoyear-over-yeargrowthduetothehurricanesandcruisepre-openingexpensesInternationalParks&Experiencesoperatingincomeincreased28%vs.Q1fiscal2024FORIMMEDIATERELEASE1(1)Totalsegmentoperatingincomeanddilu