this post was submitted on 18 Oct 2023
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Ok.
Disney gross profit for the quarter ending June 30, 2023 was $7.859B, a 0.47% increase year-over-year.
Disney gross profit for the twelve months ending June 30, 2023 was $28.776B, a 3.06% increase year-over-year.
Disney annual gross profit for 2022 was $28.321B, a 27.07% increase from 2021.
Disney annual gross profit for 2021 was $22.287B, a 3.62% increase from 2020.
Disney annual gross profit for 2020 was $21.508B, a 21.92% decline from 2019.
https://www.macrotrends.net/stocks/charts/DIS/disney/gross-profit
21.92% decline in 2020. Why did they decide to become so incredibly woke for that year alone?!??
Did something happen that year that could have affected thir income?
I don't think so. Perhaps there was a global woke mind virus. Looking at the finances of many companies, it seems they all went broke and thus woke during that specific year.