Posted on 11/08/2022 4:14:18 PM PST by Hojczyk
Disney's theme parks, which saw quick COVID bounce backs amid increased attractions, price hikes, and updated technologies like the Genie+ app, missed expectations in the quarter as recession fears pressured consumer demand. Revenue from the company's parks, experiences, and consumer products division came in at $7.43 billion (vs. estimates of $7.59 billion), with operating income hitting $1.51 billion (vs. estimates of $1.9 billion.) Shanghai's Disney Resort remains closed amid strict COVID-19 protocols. The company revealed it has "no visibility on reopening date" for the Shanghai location.
(Excerpt) Read more at finance.yahoo.com ...
Recession? Idiots…families stopped going because you sexualizing children and push perverted woke agendas.
Get Woke go broke..
Get used to it Mousekateers, this is your new woke reality.
My daughter worked there on a college program…she could not get many dates…most of the guys were gay…
No one wants to see the dwarfs kissing Prince Charming! fix it you PERVS!
It is a hang out place for them now.
Walt is rolling in his grave...
Butt Pirates of the Caribbean
The abnormal repulses.
started with their “gay day” 20-30 years ago
No love for Disney but playing devil’s advocate for a minute...the jig is up.
The first thing people now ask about a Disney visit is: ‘How much did you end up spending?’ Not about parks, attractions, wait times, hotels but the astronomical cost of just setting foot on the property.
They’ve played jiggery pokery with multi-park passes, multi-day passes etc. They fixed what wasn’t broken with FastPass to suck more cash out of those willing to pay to skip lines.
Food is expensive and getting worse.
Even Disney PR can’t outpace word of mouth and parents who once considered a family trip say it’s financially out of the question - and that’s before the political and sexual madness pushed by Disney.
Do Disney investors buy this crap?
“Get Woke go broke..”
Exactly. The media will never mention that aspect of the situation. They will make up some other lame excuse.
Ouch. Down 7% in after hours. $93 a share. It was almost $190 a share in February of 2021 when movies theaters and theme parks were closed.
They are probably planning to convert Disney world to an X-rated Theme Park for all ages..... anything to survive in the modern brave new world
They still make a fortune from ESPN and Disney Plus streaming. Probably a bundle from their Marvel Comics franchises too.
I still think their management is completely missing the boat. They have about 80 years worth of content to sell - good wholesome stuff they just let languish.
What do you think "the metaverse" is going to be? It won't just be goggles over the eyes. It's going to be full body sensory suits. Why else would The Zuck spend $15 billion a year? So you can watch cartoon versions of your favorite musicians?
Not to mention providing county carnival quality at insane prices.
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