April 12, 2004 Statement by The Walt Disney Company.Entertainment Editors/Business Editors BURBANK, Calif.--(BUSINESS WIRE)--April 12, 2004 Tom Staggs Thomas Eaton "Tom" Stagg, Jr. (born January 19, 1923), has served as a judge on the United States District Court for the Western District of Louisiana since his appointment by President Richard M. Nixon in the spring of 1974. , senior executive vice president and chief financial officer of The Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Company (NYSE NYSE See: New York Stock Exchange :DIS), today issued the following statement: "Given the performance we're seeing in our businesses, we remain confident in our ability to deliver attractive growth in our earnings. In fact, assuming a continuation of the favorable economic conditions and trends we're seeing, we believe that we will deliver earnings growth from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the of more than 40 percent for this fiscal year, versus the $0.65 per share we reported last year." Certain statements in this release constitute "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are made on the basis of management's views and assumptions regarding future events and business performance as of the time the statements are made, and management does not undertake any obligation to update these statements. Actual results may differ materially from those expressed or implied. Such differences may result from actions taken by the Company, including restructuring or strategic initiatives and information technology improvements, as well as from developments beyond the Company's control, including international, political, health concern and military developments that may affect travel and leisure businesses generally and changes in domestic and global economic conditions that may, among other things, affect the performance of the Company's theatrical and home entertainment releases, the advertising market for broadcast and cable television programming, expenses of providing medical and pension benefits and demand for consumer products. Changes in domestic competitive conditions and technological developments may also affect performance of all significant company businesses. Additional factors are set forth in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended September 30, 2003 under the heading "Factors that may affect forward-looking statements." |
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