Animated blockbuster “Moana 2” put wind into Disney’s sales for the last three months of 2024. The sequel’s strong showing at the box office, along with another profitable quarter for Disney+ and Hulu,

Walt Disney Co. reported first-quarter earnings as the company faces a number of challenges, despite recent box office success including a hit animated sequel.

Moana 2' helped float a solid fiscal first quarter for Disney with studio profit riding the strong box office of the animated sequel that’s topped $1 billion worldwide.