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Disney reports £3.61 billion of net GAAP loss in fiscal Q3
4th August
  • Disney reports £3.61 billion of net GAAP loss in the third quarter.
  • Its operating income took a £2.68 billion hit due to COVID-19.
  • Disney will announce its decision regarding H2 dividend later this year.

Latest Leisure & entertainment news

22nd June
Pent up demand for Disney parks ’will be there,’ ex-Imagineer says
22nd June
Cineworld secures a £201 million debt facility from private institutional investors
13th June
Cineworld abandons its £1.32 billion merger deal with Cineplex
28th May
Codere’s losses increase ten times in the first quarter due to Coronavirus restrictions
20th May
Sony Pictures CEO breaks down $70M deal with Apple
19th May
Baidu tops analysts’ estimates for earnings and revenue in the first quarter
15th May
William Hill reports a 57% decline in total net revenue as Coronavirus cancels sports events
14th May
WH Smith reports a 3% decline in its pre-tax profit in the first half of fiscal 2020
13th May
Sony Corp. warns of a 30% hit to its operating profit in fiscal 2021
13th May
Tencent tops analysts’ estimates for earnings and revenue in the first quarter
11th May
Amazon shows interest in acquiring AMC Entertainment
8th May
Roku slumps 10% as the company reports more than usual ad cancellations in Q1
7th May
Peloton’s revenue climbs 66% on greater demand for fitness equipment in Q3
6th May
Pinterest drops 19% on disappointing user growth in the first quarter
6th May
Disney reports a 37% drop in operating income in the second quarter
29th April
Hasbro swings to £56.05 million net loss in Q1 due to Coronavirus restrictions
27th April
Adidas reports a 93% decline in quarterly profit as Coronavirus keeps retail stores closed
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