Disney have reported their Q4 earnings, showing strength across all parts of the business.
Walt Disney Company: Q4 Non-GAAP EPS of $1.07 ($0.97 estimate)
Revenue of $19.1B (+33.5% Y/Y) (beats estimates by $80M).
Shares are up +3.4%.
Focusing on the "Parks, Experiences and Products" segment, revenue was up 8% to $6.66B. Attendance was on par with last year, but increased guest spending, especially at Disneyland California, alongside merchandise licensing and DVC purchases, were the main drivers behind revenue growth.
Disney has announced today that the beloved Splash Mountain attraction will be closing on January 2rd, 2023. Throughout the 2023 and an unannounced period of time in 2024, the Splash Mountain... Read more >
It's no secret that Disney Village at Disneyland Paris needs to some TLC, and Disney is giving it just that! A little while ago Disney announced the huge transformation of Disney Village, and tod... Read more >
We recently sailed on the Disney Wish (which we will be publishing reviews soon) and couldn't be more disappointed with how the photo system works on Disney Cruises. On the Halloween night, we go... Read more >
For those who don't know, Disney's Caribbean Beach had a selection of pirate-themed rooms at the resort. These special themed rooms were created because they were at the back of the resort and ga... Read more >
Capital D is reporting (Via Scott Gustin) that the "Global Dream" ship - the partially complete cruise ship Disney Cruise Line purchased - was acquired for only €40million Euros. The initial ... Read more >
Disneyland Paris has announced the "Disneyland Paris Pride" event night will take place on June 17th, 2023, and tickets are now available.
Celebrate diversity at Disneyland Paris on 17 June 20... Read more >
Yesterday, Bob Iger attended a town hall meeting with cast members to give some insight on some of his plans as he returns to the CEO role. Here are some tidbits from the town hall meeting:
Ex-C... Read more >
Just as I was praising the 15 Euro meal deal at the Pizza Outpost, Disney has gone and increased the prices and gutted some of these meal options. Many quick-service meals have increased by 1 or ... Read more >
Last week the Walt Disney Company board of directors fired Bob Chapek and brought back Bob Iger as CEO. Today, Bob Iger has tweeted expressing his gratitude and excitement to be back as CEO of th... Read more >
In 2023, Disney Cruise Line will celebrate their 25th anniversary dubbed "Silver Anniversary at Sea". There will be special entertainment, merchandise, and celebratory experiences during select... Read more >