Disney Revenues Shrank Dramatically in 2023: SEC Filings and Inflation Figures Show Dire Results!

Disney Revenues Shrank Dramatically in 2023: SEC Filings and Inflation Figures Show Dire Results!

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Starring @The_DA

SEC Filings for The Walt Disney Company in 2023 were picked up by headlines with statements that the company had grown by 3.7% in its year-to-year revenues. However, when matched up with both interest rates and inflationary rates, this turns out to be a decrease in the transactional power of Disney. Not only that, but a comparison to 2022 reveals that this decline in corporate revenue power is a dramatic decline for a once-beloved company!

References:

St Louis Fed
https://www.stlouisfed.org/on-the-economy/2023/jan/many-interest-rates-2022#:~:text=Throughout%202022%2C%20the%20Federal%20Open,real%20rates%20at%20different%20maturities.

Statista
https://www.statista.com/statistics/224397/quarterly-revenue-of-the-walt-disney-company/

https://www.statista.com/statistics/273555/global-revenue-of-the-walt-disney-company/#:~:text=In%20the%20fiscal%20year%20ended,growth%20of%20over%2022%20percent.

Disney SEC Filing
https://www.sec.gov/Archives/edgar/data/1744489/000174448923000203/fy2023_q4xreportingxchange.htm

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