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WALT DISNEY COMPANY (THE) (DIS)
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Walt Disney : Donates $1 Million in Humanitarian Aid to Support Communities Impacted by Hurricane Michael

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10/12/2018 | 02:33am CET

The Walt Disney Company today announced it is contributing $1 million to aid in relief efforts across Florida's Gulf Coast region and other areas impacted by Hurricane Michael. The donation will support disaster response and recovery efforts through the Florida Disaster Fund managed by the Volunteer Florida Foundation.

'The families and communities impacted by this devastating hurricane need our help as they begin to rebuild,' said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. 'Through today's $1 million contribution, and other relief efforts in the weeks and months ahead, we will stand with our Gulf Coast neighbors as they recover from this tragic storm.'

In addition to Disney's donation announced today, contributions from Disney employees to eligible relief and recovery organizations will be matched dollar for dollar by Disney Employee Matching Gifts: A Program of The Walt Disney Company Foundation.

Disney works on an ongoing basis with numerous nonprofit organizations on emergency preparedness efforts, including sharing lifesaving information with families before and during emergencies, having supplies prepositioned and at-the-ready to respond to natural disasters, and providing resources to activate large-scale responses in the event of a disaster.

Disclaimer

The Walt Disney Company published this content on 12 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 October 2018 00:32:03 UTC

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Financials ($)
Sales 2019 60 361 M
EBIT 2019 14 896 M
Net income 2019 10 743 M
Debt 2019 20 390 M
Yield 2019 1,60%
P/E ratio 2019 15,77
P/E ratio 2020 15,08
EV / Sales 2019 3,10x
EV / Sales 2020 2,76x
Capitalization 167 B
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 125 $
Spread / Average Target 11%
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Managers
NameTitle
Robert A. Iger Chairman & Chief Executive Officer
Christine M. McCarthy Chief Financial Officer & Senior Executive VP
John S. Chen Independent Director
Aylwin B. Lewis Independent Director
Fred H. Langhammer Independent Director
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