Mad Dog
V.I.P. Member
Disney's Experience segment reported operating income rose 31% to $1.759 Billion for the 4th quarter (July, August, Sept.). Overall revenue was up 13% to $8.16 Billion. International parks (which had some 2022 covid restrictions), Cruise line, and Disneyland drove the strong increase. Iger, in an interview on CNBC said, "International parks are doing well but there's some difficult comparisons in the Florida parks". The company open call added that WDW Disney "continues to manage against wage inflation and challenging comparisons to the prior year (WDW 2022 4th quarter) from the 50th Anniversary celebration"..............
Company wide Revenue was $21.24 Billion vs Analysts Estimate of $21.33 Billion....so pretty close to expectations overall.
...................Surprisingly, no mention of the Florida heat retarding WDW attendance was made.
Company wide Revenue was $21.24 Billion vs Analysts Estimate of $21.33 Billion....so pretty close to expectations overall.
...................Surprisingly, no mention of the Florida heat retarding WDW attendance was made.
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