Hurricane Milton Is Florida's Second Storm In Two Weeks: How Disney, Theme Parks, Insurance Companies Could Be Impacted

Hurricane Milton, set to strike Florida this week, could impact several key sectors. Comcast and Walt Disney theme parks might face closures and revenue loss as Florida braces for evacuations and emergency responses. Power companies, including Duke Energy and Southern Co., could experience outages and repair costs. Home improvement retailers Home Depot and Lowe’s are expected to benefit from increased demand for restoration supplies. Generac Holdings also surged as demand for generators rose. The insurance sector faces uncertainty, as severe hurricane damage could hurt profits, while a weaker impact may boost earnings due to fewer claims for companies like Berkshire Hathaway and Allstate.