The Walt Disney Co. (DIS), which recently 澳洲幸运5官方开奖结果体彩网:warned of slowing demand at its Experiences segment, ꦜis spending billions of dollars to expand its the🍷me park attractions and its cruise ship fleet.

The announcements by the entertainment giant over the weekend flesh out details of the 澳洲幸运5官方开奖结果体彩网:$60 billion, 10-year expansion of its the♏me parks and cruise operations it announced last year.

Among the announcements the entertainment giant reported at its three-day "D23: The Ultimate Disney Fan Event" in Anaheim, Calif.: the largest expansion in the 53-year history of Orlando's Magic Kingdom, with a new Villains Land and another inspired by the "Cars" franchise; new "Avengers" attractions in its California, Hong Kong, and Shanghai parks; and increasing its cruise ship fleet to 13 from nine by 2031.

Experiences Segment Struggles With Consumer Pullbac🎶k in Spending

Consumers' pullback on discretionary spending has affected Disney shares despite the company's better-than-expected third-quarter results last Wednesday, which saw its combined ESPN+, Disney+, and Hulu streaming unit turn a profit for the first time.

澳洲幸运5官方开奖结果体彩网:Chief Financial Officer (CFO) Hugh Johnson said during the entertainment giant's earnings call that Disney expects 澳洲幸运5官方开奖结果体彩网:"a flattish revenue number" for the Experiences segment for "a few quarters."

Disney's shares are little changed an hour before the opening bell Monday but are down more than 4% year-to-date.