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WALT DISNEY COMPANY (THE)

(DIS)
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Walt Disney to Require U.S. Employees to be Vaccinated

07/30/2021 | 05:26pm EDT

By Maria Armental

Walt Disney Co. on Friday said it would require employees in the U.S. to be fully vaccinated at all its sites to help curb the spread of the coronavirus.

The mandate would initially apply to salaried and non-union hourly employees in the U.S. working at any of its sites, but the company said it had begun conversations with labor unions. In addition, all new hires would be required to be fully vaccinated against Covid-19 before beginning employment, the company said.

Those who aren't vaccinated and are working on-site would have two months to complete the vaccination protocol, the company said, adding that those who are working remotely will need to provide proof of vaccination before returning.

The company said there would be "certain limited exceptions," though it didn't elaborate on what would qualify.

Typically, exceptions have been granted on a case-by-case basis, for example, on medical grounds.

As of April 3, Disney had about 170,000 employees worldwide, according to a securities filing.

Write to Maria Armental at maria.armental@wsj.com

(END) Dow Jones Newswires

07-30-21 1725ET

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Analyst Recommendations on WALT DISNEY COMPANY (THE)
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Financials (USD)
Sales 2021 67 720 M - -
Net income 2021 2 365 M - -
Net Debt 2021 40 229 M - -
P/E ratio 2021 133x
Yield 2021 0,10%
Capitalization 320 B 320 B -
EV / Sales 2021 5,32x
EV / Sales 2022 4,19x
Nbr of Employees 180 000
Free-Float 98,8%
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Technical analysis trends WALT DISNEY COMPANY (THE)
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 29
Last Close Price 176,00 $
Average target price 209,89 $
Spread / Average Target 19,3%
EPS Revisions
Managers and Directors
Robert A. Chapek Chief Executive Officer & Director
Christine M. McCarthy Chief Financial Officer & Senior Executive VP
Robert A. Iger Executive Chairman
Diane Jurgens Chief Information Officer
Rebecca Campbell Chairman-International Operations
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