Bob Chapek arrives on the premiere of “Pinocchio” held on the Primary Theater at Walt Disney Studios on September 7, 2022 in Burbank, California.
Michael Buckner | Selection | Getty Photographs
Disney (DIS) reported weaker-than-expected fiscal fourth-quarter outcomes after the closing bell Tuesday. We’re shocked and surprised by the poor efficiency, and we’re definitely not alone. The inventory fell roughly 7% in after-hours buying and selling. As shareholders for the Membership, we expect it is time for a management change.