Hong Kong Disneyland Resort achieved profitability and a major attendance rebound in fiscal year 2023 (FY23). Hong Kong Disneyland Resort FY23 The resort shared their FY23 results on Tuesday. According to figures from the Hong Kong Tourism Board, the theme park’s attendance rebound outpaced Hong Kong’s total visitor recovery when compared to 2018 numbers. The … Read more
After The Walt Disney Company released their Q1 FY24 earnings report on Wednesday, Disney’s stock price jumped over 12 percent to its highest price in a year. Disney Stock Price Rising As of noon on Thursday, February 8, the stock price for Disney is $111.32. It closed at $99.14 yesterday. The last time Disney’s stock … Read more
A surprise “Moana” sequel announced, Disney to invest 70 percent of $60 billion in expanding the theme parks — all this and more in today’s daily recap for Wednesday, February 7, 2024. Walt Disney World EPCOT Walt Disney World Resort Hotels New Merchandise Disneyland Resort Entertainment and Media Disney+ The Walt Disney Company WDW News … Read more
During today’s Q1 2024 earnings call for The Walt Disney Company, CEO Bob Iger shared that all of the Disney Parks were profitable in the quarter, and teased “so many untapped stories” that could make their way to the parks. Bob Iger Teases ‘Untapped Stories’ for Disney Parks When giving an overview of the Experiences … Read more
Disney+ lost 1.3 million subscribers in Q1 of 2024 after reaching 150 million total in the previous quarter. Q1 2024 began on October 1, 2023. Disney+ Q1 2024 Subscribers For several quarters, Disney+ numbers were falling, but the subscriber count finally saw growth last year. They minimized losses by $300 million, however. According to Disney’s … Read more
In their Q1 2024 earnings report, Disney reported that their theme park division made $6.3 billion in domestic revenue during the quarter. Disney Parks Q1 2024 Revenue Overall parks and experiences revenue was $9.1 billion, an increase of 7% from last year’s quarter. The parks and experiences had a decrease in operating income offset by … Read more
The Walt Disney Company shared in their Q1 2024 earnings report that their overall revenue was $23.55 billion, earning $1.04 per share. The Walt Disney Company Q1 2024 Earnings This is a slight increase from Q1 2023, when Disney saw earnings of 99 cents per share on $23.51 billion in revenue. Estimated revenue for this … Read more
The Walt Disney Company will discuss their fiscal first quarter 2024 financial results via live audio webcast on Wednesday, February 7, 2024. The webcast will begin at 4:30 p.m. ET / 1:30 p.m. PT. Results will be released after the close of regular trading on February 7, 2024. The webcast will be broadcast at www.disney.com/investors.