investor call Archives

International Disney Parks Shine While Galactic Starcruiser Closure & Lower Attendance Cause Domestic Destinations to Languish

August 9, 2023August 9, 2023

A tall, ornate castle with blue spires and clock on the main tower set against a blue sky.

While Disney Parks & Resorts have overall seen a strong increase in this third quarter of 2023 over the previous cycle, this is being attributed to strong performances from international destinations and the Disney Cruise Line. Domestically, the situation has been a little more disappointing. Domestic Parks Stall At Walt Disney World, attendance dropped while … Read more

Losses Shrink & Savings Target of $5.5 Billion Exceeded in $22.3 Billion Third Quarter 2023 for The Walt Disney Company

August 9, 2023August 9, 2023

According to Deadline and official reports from The Walt Disney Company, a mixed third quarter for 2023 has seen some success, reduced losses, and a few disappointments overall. The Walt Disney Company Third Quarter 2023 Direct-to-consumer losses shrank while Parks and Resorts revenue rose compared with the previous quarter. While Disneyland Resort and Walt Disney … Read more

Direct-to-Consumer Losses Lessen, Overall Disney+ Subscriber Count Drops While Core Members Rise 1% in Third Quarter 2023

August 9, 2023August 9, 2023

Direct-to-consumer revenues have increased by 9 percent while the operating loss has almost broken even in the third quarter of 2023. Disney+ subscribers have dropped to 146.1 million, below the 154.8 million goal, though core members of the service rose by 1 percent. Disney+ and Direct-to-Consumer Revenues in Q3 2023 In the company’s Q3 2023 … Read more

Disney Parks & Resorts Reports 13% Increase & $8.3 Billion in Revenue for Third Quarter 2023

August 9, 2023August 9, 2023

walt-disney-company-studios-gate-burbank-california-5941315

Disney Parks & Resorts have experienced a decent improvement over the previous quarter, announcing a 13 percent jump in revenue to $8.3 billion Q3 Disney Parks Revenue Disney CEO Bob Iger expressed his thoughts on the performance in today’s earnings call: Our results this quarter are reflective of what we’ve accomplished through the unprecedented transformation … Read more