Disney reports 7% revenue growth and raises 2026 share-repurchase target
Filed with the SEC on · Summarized by InvestorsBot
Disney reported fiscal third-quarter revenue of $25.25 billion for the quarter ended June 27, 2026, up 7% year over year, while adjusted EPS rose 28% to $2.06 and total segment operating income increased 21% to $5.56 billion; reported diluted EPS fell to $1.51, partly reflecting $900 million in restructuring and impairment charges, including an $812 million A+E impairment. Disney reiterated its fiscal 2026 adjusted EPS growth outlook of approximately 12% excluding the 53rd week and 16% including it, expects fourth-quarter segment operating income of about $4.9 billion, and now targets at least $9 billion in fiscal 2026 share repurchases, supported in part by approximately $1.2 billion expected from selling its A+E Global Media stake to Hearst.