The Walt Disney Company today issued the following statement, attributable to spokeswoman Zenia Mucha:
“Disney’s record of building value is indisputable, as evidenced by the nearly 60 percent increase in stock price in the past year. Disney management and the Board believe Disney is a well-managed company with world-class governance that is on track for earnings growth from continuing operations in excess of 30 percent this year and has well laid out its key long-term strategies for achieving attractive double-digit earnings growth through 2007.”
Some of the statements in this release constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Actual results may differ materially from the results implied by these forward-looking statements, depending on a variety of factors including the general state of the economy and other factors identified in our filings with the Securities and Exchange Commission, including our most recent Report on Form 10-K. We undertake no responsibility to update those statements.