Hurricane Milton could reduce Disney earnings, Goldman says

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Goldman Sachs analysts have warned that Hurricane Milton’s impact could potentially reduce earnings for The Walt Disney Company. The hurricane is likely to affect Disney’s parks and resorts — especially if they are in the path of the storm, including those in Florida, a state often hit by hurricanes. This kind of natural disaster can result in a decrease in park attendance, disruptions in operations, and potential structural damage, all of which could negatively impact Disney’s profits. Other aspects of the company might also be affected, such as film and television production and distribution. Goldman Sachs suggests that investors and stakeholders keep a close eye on developments. Please keep in mind that company resilience and insurance measures can mitigate some of these possible losses.

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