{"id":50063,"date":"2026-05-06T15:01:12","date_gmt":"2026-05-06T15:01:12","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/heres-what-disney-ceo-josh-damaro-told-employees-after-beating-wall-streets-earnings-expectations\/"},"modified":"2026-05-06T15:01:12","modified_gmt":"2026-05-06T15:01:12","slug":"heres-what-disney-ceo-josh-damaro-told-employees-after-beating-wall-streets-earnings-expectations","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/heres-what-disney-ceo-josh-damaro-told-employees-after-beating-wall-streets-earnings-expectations\/","title":{"rendered":"Here&#8217;s what Disney CEO Josh D&#8217;Amaro told employees after beating Wall Street&#8217;s earnings expectations"},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/69fa4d3f90e4f69dca930d2b?format=jpeg\" alt=\"Josh D&#039;Amaro\"\/><figcaption>Josh D&#039;Amaro&#039;s first weeks as Disney&#039;s CEO have been eventful.<\/p>\n<p>Blanca CRUZ \/ AFP via Getty Images<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>Disney just exceeded Wall Street&#039;s earnings expectations.<\/li>\n<li>CEO Josh D&#039;Amaro addressed staffers, saying the numbers are &quot;a direct reflection of your hard work.&quot;<\/li>\n<li>Read D&#039;Amaro&#039;s full memo to Disney employees below.<\/li>\n<\/ul>\n<p>Disney CEO Josh D&#039;Amaro just showed employees appreciation after a strong earnings report.<\/p>\n<p>&quot;The results we reported are not just numbers on a page \u2014 they are a direct reflection of your hard work, creativity, and the way you deliver for our fans every single day,&quot; D&#039;Amaro told employees on Wednesday morning in a memo obtained by Business Insider.<\/p>\n<p>In his memo, D&#039;Amaro named four top priorities:<\/p>\n<ul>\n<li>Investing in the breakthrough creative storytelling that sets Disney apart<\/li>\n<li>Strengthening our streaming business through product and technology innovation<\/li>\n<li>Fully capturing the power of live sports as we continue building ESPN&#039;s direct-to-consumer business<\/li>\n<li>Delivering on our bold growth plans at Disney Experiences<\/li>\n<\/ul>\n<p>&quot;I&#039;m grateful for the passion, resilience, and optimism you bring to your work, and I&#039;m energized by the opportunities in front of us as we lay the groundwork for Disney&#039;s next phase of growth,&quot; D&#039;Amaro told staffers.<\/p>\n<p>The Mouse House reported 7% revenue growth and an 8% jump in adjusted earnings per share. Shares rose over 7% in early trading.<\/p>\n<p>Disney&#039;s earnings report came after a turbulent few weeks for the company.<\/p>\n<p>The Mouse House conducted a significant round of layoffs in mid-April, weeks after D&#039;Amaro took charge. Those affected received severance pay based on their seniority and time at the company, Business Insider reported.<\/p>\n<p>Two weeks later, Disney told some tech employees it was cutting their stock-based compensation, citing &quot;marketplace analysis&quot; of pay, Business Insider reported.<\/p>\n<p>D&#039;Amaro has also had to deal with the FCC ordering a years-early renewal of ABC&#039;s broadcast licenses after a Jimmy Kimmel joke about Melania Trump, OpenAI nixing its Disney deal, and a controversy with &quot;The Bachelorette&quot; lead Taylor Frankie Paul.<\/p>\n<p>Read D&#039;Amaro&#039;s full memo to the Mouse House rank-and-file here:<\/p>\n<blockquote><p>Dear Fellow Employees and Cast Members,Today marked my first earnings call since stepping into the role as CEO, and I wanted to take a moment to connect with you, because the results we reported are not just numbers on a page \u2014 they are a direct reflection of your hard work, creativity, and the way you deliver for our fans every single day.This was a strong quarter for our company both creatively and financially, and we grew revenue and operating income year-over-year as we continue to execute on the priorities that unlock value for both consumers and shareholders:<strong>First, we are investing in the breakthrough creative storytelling that sets Disney apart.<\/strong> <em>Hoppers<\/em> won critical acclaim and was embraced by fans, serving as a reminder of Pixar&#039;s track record of creating original IP that resonates around the world. We&#039;re thrilled with last weekend&#039;s opening of <em>The Devil Wears Prada 2<\/em>, and we&#039;re especially excited for our upcoming slate, including <em>The Mandalorian and Grogu<\/em>, <em>Toy Story 5<\/em>, the live-action <em>Moana<\/em>, and <em>Avengers: Doomsday<\/em>.<strong>Second, we are strengthening our streaming business through product and technology innovation.<\/strong> We made meaningful progress during the quarter with product enhancements that improved the Disney+ user experience, and on the content side, highlights included the arrival of <em>Zootopia 2<\/em>, <em>Predator: Badlands<\/em>, Disney+&#039;s <em>Hannah Montana 20th Anniversary<\/em>, Hulu&#039;s <em>Paradise<\/em> Season 2, and FX&#039;s <em>Love Story: John F. Kennedy Jr. and Carolyn Bessette<\/em>. As we look to grow Disney+ internationally, we&#039;re increasing our investment in local originals, and early results are encouraging with popular series like <em>Battle of Fates<\/em> in Korea and <em>Rivals<\/em> in the UK, which begins its much anticipated second season May 15.<strong>Third, we are fully capturing the power of live sports as we continue building ESPN&#039;s direct-to-consumer business.<\/strong> Evidence of ESPN&#039;s brand strength and compelling content was clear in Q2, with ESPN having the largest share of linear sports consumption among total viewers this quarter. Meanwhile, enhancements to the ESPN app, including Multiview, Verts, and <em>SportsCenter for You<\/em>, are making the product increasingly compelling for sports fans.<strong>And fourth, we are delivering on our bold growth plans at Disney Experiences.<\/strong> Since our last earnings call, Disney Cruise Line launched the <em>Disney Adventure<\/em> \u2014 our first ship home-ported in Asia \u2014 and at Disneyland Paris we opened World of Frozen in the reimagined Disney Adventure World. These are milestones that extend the reach of our brands to new markets and new fans around the world, and I was proud to join Cast Members and guests at the launch of both. The strong demand we are seeing for these new offerings reinforces our confidence in the long-term opportunity across our portfolio of parks, cruise ships, and immersive experiences alike.I&#039;m incredibly proud of what we accomplished together this quarter, and I encourage you to read more about our achievements in our letter to shareholders. I&#039;m grateful for the passion, resilience, and optimism you bring to your work, and I&#039;m energized by the opportunities in front of us as we lay the groundwork for Disney&#039;s next phase of growth.Thank you,Josh<\/p><\/blockquote>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Josh D&#039;Amaro&#039;s first weeks as Disney&#039;s CEO have been eventful. Blanca CRUZ \/ AFP via Getty Images Disney just exceeded Wall Street&#039;s earnings expectations. CEO Josh D&#039;Amaro addressed staffers, saying the numbers are &quot;a direct reflection of your hard work.&quot; Read D&#039;Amaro&#039;s full memo to Disney employees below. Disney CEO Josh D&#039;Amaro just showed employees [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":50064,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-50063","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/50063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=50063"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/50063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/50064"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=50063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=50063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=50063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}