Disney has said its amusement parks in the US will take a hit in the months ahead due to flagging numbers of international visitors.
The company said it would offset this by marketing to US customers and still expected the parks business - a key profit driver - to deliver modest growth.
The number of foreign visitors to the US dropped last year for the first time since 2020, with some analysts linking it to a backlash against President Donald Trump's policies.
Disney did not respond to a question about what was driving the shift but its comments add to concerns that tourists' anti-US sentiment has increased this year.
The US has already hiked fees at national parks for foreign visitors and is considering requiring visitors from dozens of countries, including the UK, to submit five-year social media histories.
