Part 8/12:
Despite some quarterly successes—such as a 5% rise in revenue to $21.2 billion and an increase in adjusted EPS to 82 cents—long-term investors have seen a less optimistic outcome. Disney’s stock performance in 2023 has been underwhelming, with a modest 4.65% increase, significantly lagging behind broader market indexes like the Dow Jones, S&P 500, and NASDAQ, which have gained 13.81%, 24.7%, and 44.6%, respectively.
Looking at a five-year timeline, Disney's stock has declined by about 15%, whereas the Dow, S&P, and Nasdaq have gained substantially—up 63%, nearly 93%, and almost 30% respectively. If those $100 million South Carolina investments were in Disney stock, they would now be worth roughly $85 million, illustrating a stark loss on long-term value and opportunity costs.