Markets
$4B

We already knew Disney had a hit with its live-action “Lilo & Stitch” earlier this year — the film earned more than 10x its reported budget at the global box office. But for Disney, it also massively fueled merch sales.

“Retail sales for Stitch from our Consumer Products business also continues to grow, eclipsing $4 billion in fiscal 2025,” Disney CEO Bob Iger said. That’s up more than 50% from a reported $2.6 billion in Stitch merch sales in fiscal 2024.

To put that $4 billion sales figure in context, Harley Davidson sold about the same amount in motorcycles, parts and accessories, and apparel combined last year. The amount Disney made on Stitch toys, blankets, and clothes is roughly equal to the market cap of Shake Shack. Not too shabby for a 23-year-old piece of intellectual property.

More Markets

See all Markets
markets

SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

Latest Stories

Sherwood Media, LLC and Chartr Limited produce fresh and unique perspectives on topical financial news and are fully owned subsidiaries of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Money, LLC, Robinhood U.K. Ltd, Robinhood Derivatives, LLC, Robinhood Gold, LLC, Robinhood Asset Management, LLC, Robinhood Credit, Inc., Robinhood Ventures DE, LLC and, where applicable, its managed investment vehicles.