Industry News

Disney's Iger may have to add slowing growth to his turnaround checklist

10 May, 2023

Walt Disney Co's (DIS.N) quarterly revenue growth is expected to hit its lowest in nearly two years, underlining the hurdles that Chief Executive Bob Iger faces in revitalizing a company that is now caught in what could be a long strike by Hollywood writers.

The results, slated for Wednesday, will mark the first full quarter since Iger returned in November to kick off an overhaul that has seen the company outline 7,000 job cuts, lower theme park ticket prices and prioritize streaming profitability.

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