The Walt Disney Company (NYSE: DIS) is famous for its fairy dust, and the company's recent fiscal Q2 results prove that it works. The combined impact of Bob Iger’s turnaround efforts and new CEO Josh D’Amaro’s vision has the company on track to accelerate growth, sustain cash flow, improve financial health, and drive capital returns for investors. Capital returns are critical to this thesis, as their loss was central to the stock price implosion that the market is now recovering from.
