Geetha Ranganathan, a media and entertainment analyst, discusses Disney’s sweeping cost-cutting drive and reinvestment plans for streaming, technology and parks. Anurag Rana, a technology analyst, examines Apple’s sales outlook, memory-cost pressures and new leadership. Michael Halen, a restaurant analyst, tracks Taco Bell’s recovery after a health outbreak and Yum Brands’ priorities for KFC and future growth.
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insights INSIGHT
Disney Uses Cost Cuts To Fund Future Growth
Disney is targeting cost savings to protect its promised double-digit EPS growth through 2027.
Josh D’Amaro plans to redirect savings toward streaming margins, technology, parks, attractions, and cruises.
insights INSIGHT
Disney Protects Parks While Harvesting Cable Cash
Disney’s reductions are concentrated in television, ESPN, and other lower-priority areas rather than theme parks.
Linear networks remain in decline but generate roughly $2.5 billion to $3 billion in annual cash.
insights INSIGHT
Disney Layoffs Could Save About One Billion Dollars
Disney’s announced and planned cuts could produce about $1 billion in annual savings.
The reductions include back-office, technology, marketing, and personnel roles, with roughly 4,000 total cuts estimated.
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Bloomberg Intelligence hosted by Paul Sweeney and John Tucker
- Geetha Ranganathan, Bloomberg Intelligence Analyst on US Media, discusses Walt Disney’s layoff plans. Walt Disney Co. is moving toward thousands of job cuts with managers asked to target 20% in annual cost savings. The savings could come from job eliminations as well as from expense reductions, and some of Disney's operations will be affected disproportionately. Chief Executive Officer Josh D'Amaro aims to reinvest a portion of the savings into film and TV programming, technology and the theme parks and cruise ship businesses.
-Anurag Rana, Senior Tech Analyst for Bloomberg Intelligence, discusses Apple earnings. Apple Inc. delivered a mixed outlook to investors in its first quarterly report under Chief Executive Officer John Ternus, with tightening profit margins overshadowing an upbeat sales forecast. The company predicted revenue growth of 7% to 10% during the holiday season, but warned that gross margins would be thinner than projected due to higher memory costs and expenses related to the new Siri AI digital assistant.
-Michael Halen, Bloomberg Intelligence Senior Restaurant and Foodservice Analyst, discusses Yum! Brands. Taco Bell is showing signs of recovery about three months after a cyclospora outbreak hurt results, with comparable sales rising 1% so far this quarter. Visits by "heavy" Taco Bell users have fully recovered to pre-outbreak levels, while lighter users are tracking to 95% of their prior frequency. Users of Taco Bell's loyalty program returned to the chain twice as fast as nonmembers, with membership growing 25% in the third quarter compared to the prior year.
Bloomberg Intelligence 
