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.
Book your 2023 Walt Disney World Resort holiday today to take advantage of Disney's "The Magic is Yours" package . Book your stay on select dates to take advantage of Disney's best offer for 2023.
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Orlando International Airport (MCO) will open their brand new terminal - Terminal C - towards the end of September 2022. Airlines flying from the UK have already announced they'll be landing at this new terminal, those a... Read more >
Orlando International Airport (MCO) has been building a brand new terminal (Terminal C) to increase their capacity to cope with the amount of travellers visiting Florida each year. Terminal C will be home to 24 Food & B... Read more >
If you're going to Mickey's Not-So-Scary Halloween party this year, you can take the experience up a notch by also booking Disney's Not-So-Spooky Spectacular Dessert Party. After you enjoy an hour of dessert buffet feas... Read more >
A new "Transportation" section has been added to My Disney Experience this morning. Tap on the bottom right hamburger menu icon, and you'll see the new Transportation section at the bottom. When you tap it, you'll see a... Read more >
To nobody's surprise, Bibbidi Bobbidi Boutique has sold out. Disney announced that Bibbidi Bobbidi Boutique is returning to Magic Kingdom Park starting August 25th, and bookings went live yesterday (August 11th). As with... Read more >
Disney has confirmed that Bibbidi Bobbidi Boutique - which is reopening August 25th 2022 - will begin booking starting today! Bookings can be made via the My Disney Experience app, of the Walt Disney World website.
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Universal Orlando has introduced a curfew for all guests under 18 in the CityWalk around after the parks have closed. From 9pm on Fridays, Saturdays and Sundays guests will no longer be allowed to enter CityWalk unless t... Read more >
On The Walt Disney Company's most recent earnings call, Disney executives continue to praise the park pass reservation system - a system that is generally disliked among guests. From a company point of view, it allows Di... Read more >
The Walt Disney Company has announced their Q3 earnings report this year. The company achieved revenue of $21.5B (+26.3% Y/Y) with a Non-GAAP EPS of $1.09. Shares up are 9% in early trading this morning.
In regards to... Read more >