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Better Buy: Disney vs Target
Better Buy: Disney vs. Target Pearl Wang Both Target and Disney (NYSE: DIS) have strong brand appeal and a loyal customer base. While Target (NYSE: TGT) benefited from the COVID-19 pandemic, seeing its revenue rise as shoppers stocked up, Disney s business was hurt by the shutdown of theme parks and movie theaters. However, both consumer discretionary companies appear well positioned in a post-virus world. Here s a more detailed look at which one is the better investment right now. © Disney World Disney World lit up at night. Disney Disney s revenue for fiscal year 2020 declined by 6%, while fourth-quarter (ended Oct. 3) revenue decreased by 23% year over year, due to a contraction in business from parks, experiences, and products segment and also from the studio entertainment segment. Adjusted earnings for the full fiscal year fell by 65%. Earlier, third-quarter revenue dropped 42% and adjusted earnings declined 94%.
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