‘Toy Story 5’ and Theme Parks Power Disney in Latest Quarter, as Company Teases Big Changes Ahead

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Disney's fiscal third quarter operating income rose 21% to $5.6 billion, bolstered by Toy Story 5, increased theme park attendance, and streaming profits that more than doubled. The company received a $100M tariff refund and plans to use $1B from the A+E sale for stock buybacks. Additionally, Disney will move consumer products under its entertainment division and expects a new era for Disney+ early next year, marking a strong start for CEO Josh D’Amaro.
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