For Disney, Cutting Profits in Half May Be the Price of Growth

·3 min read
For Disney, Cutting Profits in Half May Be the Price of Growth

What is The Walt Disney Company (NYSE: DIS)? Disney+?) The truth is that Walt Disney is all of these things. Yesterday, my fellow Fool (and Florida resident) Rick Munarriz took investors through a tour of the health of Disney's theme park business -- which was "fantastic," by the way, with revenue more than doubling, and earnings flipping from a loss to a profit.

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