Walt Disney Co (DIS)

[sharky]

From Walt Disney’s Q3 2023 earnings conference call:

“In the midst of the transformative work we’ve been doing, we are prioritizing long-term free cash flow growth and have generated $1.6 billion of free cash flow in the third quarter. Our balance sheet remains strong with our single-A credit ratings reflecting that strength. We have made significant progress in deleveraging coming out of the pandemic. And we continue to approach capital allocation in a disciplined and balanced manner, prioritizing investments to generate future growth, while also keeping an eye towards shareholder returns.”


$DIS