Disney Sales Miss, Cisco Outlook Boost, Starbucks Strike: Bloomberg Money Minute

Disney's Financial Performance

• 📉 Disney's sales fell short of Wall Street estimates, with a slate of big-budget films, including a new Avatar picture, expected to weigh on Q1 results.
• 📈 However, earnings at Disney Parks and Cruises grew, driven by strong performance at Disney Paris and licensing revenue from consumer products.

Cisco Systems' Financial Outlook

• 🚀 Cisco Systems shares are gaining after the company boosted its 2026 forecast.

Starbucks Red Cup Day Strike

• ⚠️ Starbucks is facing a strike by unionized baristas on Red Cup Day, impacting at least 40 cities.
• 🤝 Workers are striking in an effort to secure a contract after years of unsuccessful talks.

Lego's New Aquarium Set

• 🐠 Lego is launching a $500 aquarium set, with early access for members of its free loyalty program starting today.
• 🗓️ The 4000-piece set will be available to the general public on Sunday.