Motley Fool Money CEO's Seat Getting Warmer
Nov 9, 2022
Tim Beyers, a senior analyst at Motley Fool, delves into Disney's recent struggles, where disappointing financials and media division woes cast a shadow over its parks segment. He highlights the pressing need for Disney to adapt its model in the competitive landscape. The discussion also touches on Redfin's drastic changes, including the closure of its home-flipping business and significant layoffs, amid a dramatic stock downturn. Additionally, Bernie Marcus shares insights from his journey co-founding Home Depot, shedding light on resilience and employee engagement in business success.
AI Snips
Chapters
Books
Transcript
Episode notes
Disney's Struggles
- Disney's Q4 profits and revenue were lower than expected, despite adding 12 million Disney+ subscribers.
- Disney's stock is at its lowest point since 2014, excluding the March 2020 drop.
Media vs. Parks
- Disney's media division is dragging down the more profitable parks division. The parks division performed well due to the end of COVID-19 restrictions.
Chapek's Hot Seat
- Bob Chapek's three-year anniversary as CEO is approaching, with the stock price stagnant. His position might be on the hot seat in 2023 due to the company's performance.
