Disney exceeded analyst expectations in its first quarterly report under new CEO Josh D'Amaro, sending shares up 8% as investors cheered streaming profit growth. Despite the positive market reaction, the entertainment giant revealed a concerning 1% drop in theme park attendance in Florida and California, a key indicator of consumer confidence.

The decline at Disney's flagship parks came as executives cited international travel challenges and competition from NBCUniversal's new Epic Universe. Disney has responded with aggressive discounts, offering children's "park hopper" tickets for just $50 compared to standard pricing of $168-$279.

D'Amaro, who took over in March, outlined a vision closely aligned with predecessor Bob Iger's, emphasizing investment in creativity, consumer engagement, and technology-enhanced storytelling while avoiding any mention of the Trump administration's review of ABC's station licenses.