Disney Dollars Drop

                                                                                                                                                   Vol. XII, No.3, March 1999

 


Disney's profits are plunging. The last two fiscal quarters of 1998 saw Disney earnings drop 2% and 31% respectively. And 1999 first quarter profits were down 38% compared to last year's first quarter. Disney stock is down 9.1 % from 1997. [AFAJournal, March `99] [Undoubtedly many factors are at work, but certainly the boycott of all Disney products by Southern Baptists and other denominations is an important part of it. Keep up the good work and spread the word. TCP]