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DIS - United Parks & Resorts: EBITDA To See Healthy Growth In FY24
The Walt Disney Company
2024-04-17 23:29:43 ET
Summary
United Parks & Resorts operates 13 theme parks, including SeaWorld and Busch Gardens, and is tied to consumer spending power.
The company's financials show a slight decline in revenue and EBITDA, but cost-cutting initiatives and a recovery in attendance are expected to drive growth.
The stock price drop presents an opportunity for investors, and management's focus on shareholder value through buybacks is a positive sign.