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Disney’s theme park and consumer products division delivered $3.1 billion in profit, an 8 percent increase compared with a year ago. Revenue climbed 4 percent to $6.3 billion. For the first time ever, all of Disney’s overseas theme parks were profitable, including the long-troubled Hong Kong Disneyland.
Read more from The New York Times.
The people who keep betting against Bob Iger keep losing. The stock is up 11% today.
Jeff - Editor - CoasterBuzz.com - My Blog
I think that's great for sub retention and growth, but I imagine there's a lot of overlap between Swifties and subscribers already. Coming in 23% higher on earnings than expected is probably the thing. Stock buybacks and a 50% lift in dividend probably doesn't hurt either.
Jeff - Editor - CoasterBuzz.com - My Blog
A lot of the Extremely Online Disney People ("everything is awful!") are singing that tune too.
Well, I did I buy Genie+ on Friday…and booked a ridiculously expensive Crystal Palace breakfast. You’re welcome, Disney. (Could have been worse. Guy pulling into the lot in front of me purchased premium parking. He ended up 1 row in front of me).
"You can dream, create, design, and build the most wonderful place in the world...but it requires people to make the dreams a reality." -Walt Disney
HK Disneyland is coming up on 20 years. The kids who went early on are now starting to bring their kids.
When we went in 2017, it seemed plenty popular. So a bit surprised about it "finally" coming around.
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