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.

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,

There were some oversized expectations for the animated film but “Moana 2", originally intended as a series for the company’s streaming service before it was produced for the big screen — blew predictions out of the water. Its five-day opening set a new record for Thanksgiving moviegoing.