CLAIM #21389 · DIS (DIS) · 2024Q3 earnings call · Aug 7, 2024 · due Sep 30, 2024
“We had previously guided to $8 billion. We don't have any news on that, but if there were a material change on it, obviously we would have changed the guide.”
Hugh Johnston · CFO
In context
“bviously, College Football is part of that. And on top of the NBA, on top of the NFL, on the movie side, we've talked a lot about our the creative improvements that our studio has brought to bear and the quality of the IP and the known quality of our IP. And television, I can't say enough about how great our television businesses have been performing both in terms of the bottom line, but also in terms of creatively. You don't get 183 Emmy Nominations by accident. That's the work of a lot of really great, talented people, meaning on the management side, working with a lot of talented, creative people. So it's a balance, it's a mix and I think it's one that you'll ultimately see really blended together as our streaming platform grows over time. Hugh Johnston: And, Robert, on free cash flow. We had previously guided to $8 billion. We don't have any news on that, but if there were a material change on it, obviously we would have changed the guide. Alexia Quadrani: Thank you. Next question, please. Operator: Thank you. And our next question comes from Steven Cahall with Wells Fargo. Please go ahead. Steven Cahall: Thanks. So, Hugh, you talked about DTC getting to double-digit margins with the big price increases and the paid sharing efforts coming. I was wondering if you could just update us on your thinking. We'd love to get some timing around double-digit margins if that's something you're comfortable with at this point, but any context would be helpful. And then just on parks, as we think about cruise ship pre-opening costs in there, what's implied in the fourth quarter and as we think about cruise pre-opening costs in fiscal '25, what do those look like? I think you'll sail the Treasure, but you've still got the Adventure and th”
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SEC filings for DIS ↗ · Claim quote is verbatim from the 2024Q3 earnings call.