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MMM: Kroger Spends Big to Gain Holiday Momentum, DIS Exceeds 4Q FY23 Street Estimates
During the holiday season, grocery stores are increasing their advertising spend to capitalize on Thanksgiving-induced demand. Disney's cost-cutting measures led to better-than-expected 4Q FY23 earnings, and the merging of Hulu and Disney+ could expand their audience demographics and advertising relationships.
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