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Disney's Q3 FY16 Earnings

Discussion in 'Disney Co News & Discussion' started by CaptainAmerica, Aug 9, 2016.

  1. CaptainAmerica

    CaptainAmerica Well-Known Member

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    ParentsOf4 and fractal like this.
  2. LuvtheGoof

    LuvtheGoof Proud DVC Member Premium Member

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    Guess it all means that Disney is doomed.
     
  3. CaptainAmerica

    CaptainAmerica Well-Known Member Original Poster

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  4. Clamman73

    Clamman73 Well-Known Member

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  5. hakunamatata

    hakunamatata Love Me Some Fast Passes Premium Member

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    Doesn't matter. Haters gonna hate. Lovers gonna love. Fence riders gonna ride fence.
     
  6. the.dreamfinder

    the.dreamfinder Well-Known Member

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    $6.6 Billion is stock buybacks so far this FY. Talk about eating your seed corn.
     
  7. Bolt

    Bolt Well-Known Member

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    Seems this is what Disney wanted? Less people with more money.
     
    willtravel, 216bruce and clemmo like this.
  8. rob0519

    rob0519 Well-Known Member

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    "The increase in guest spending was driven by higher average
    ticket prices at our theme parks and cruise line. Lower costs reflected decreases in labor and marketing
    costs from efficiency initiatives."

    Keep raising prices because we, the sheep, will continue to pay and continue to lay off or decrease the hours of the remaining workforce (thus lowering the quality of the customer experience).

    Pretty much sums up the state of Parks and Resorts.
     
  9. ABQ

    ABQ Well-Known Member

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    I will say this, unrelated at all to how this will impact stock and ESPN/ABC in the future, the MLB streaming video quality back since the MLBAM era through now has only been great and improved consistently year over year, once they took over the NHL app, I was happy too as that used to be terrible and is now much better, though not perfect. As a displaced Bostonian, living in the desert, I have had accounts with both since 2007. So, just saying BAM's quality of work is decent.
     
  10. hakunamatata

    hakunamatata Love Me Some Fast Passes Premium Member

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    You forgot to mention the part about the new stuff they are adding. <drama.
     
  11. rob0519

    rob0519 Well-Known Member

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    Sorry. Bringing in more cash by raising prices on existing products + Spending less on labor = Adding new stuff.
     
    ford91exploder likes this.
  12. Stitch_Fan_NJ

    Stitch_Fan_NJ Active Member

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    I think Disney is just going to "ride out the storm" until Starwars lands are done in WDW and DL. They know attendance will go back up its almost a given. And like people said above the sheep will keep spending money with Disney regardless of how much customer service slips
     
  13. the.dreamfinder

    the.dreamfinder Well-Known Member

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    Iger confirmed construction on Shanghai Disneyland's Phase 2, which is currently underway. He said the construction is underway, but is he referring to the facilities from TSL that were built for opening day as "expansion under construction" or another project?
     
  14. ford91exploder

    ford91exploder Resident Curmudgeon

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    Oh well the usual pathetic earnings call,

    - Attendance Down check
    - Occupancy Up (by decreasing rooms in service) check
    - PRGS - Up (check - see above for reason)
    - YoY gain single digits due to operational efficencies (what the rest of the world calls cuts) and price increases
    - On track to spend 9 Billion in share repurchases (shiny object to keep Analysts from looking too deeply)
    - As usual refuses to answer questions about core business

    So glad I sold my Disney stock...
     
  15. ford91exploder

    ford91exploder Resident Curmudgeon

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    Disney is acting like they are invincible, Once companies reach that stage the hard fall is inevitable.
     
  16. ford91exploder

    ford91exploder Resident Curmudgeon

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    The key is MLB spent money on their streaming infrastructure, It will only be a good business IF DISNEY CONTINUES TO INVEST. If they treat it like the rest of their internet properties it will swiftly join Disney Interactive in the dustbin of history.
     
  17. ford91exploder

    ford91exploder Resident Curmudgeon

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    It keeps the analysts from asking the HARD questions and by time that strategy blows up Iger and his cronies will float off on their golden parachutes. Not to mention it keeps the bonus gravy train running by inflating EPS.
     
  18. DarthFiscus75

    DarthFiscus75 Well-Known Member

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    Why is Disney so hell bent on buying stock back? So no one can be majority share holder besides the company?
     
    ford91exploder likes this.
  19. ParentsOf4

    ParentsOf4 Well-Known Member

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    Not exactly.

    The number of available room nights decreased by 1.0%.

    Per Room Guest Spending was down 1.3% compared to the same quarter in 2015.

    The occupancy rate was up mostly because Disney offered more discounted rooms.
     
    andysol, Andrew C, Peter Pano and 6 others like this.
  20. ford91exploder

    ford91exploder Resident Curmudgeon

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    It DIRECTLY impacts compensation of senior executives and it has the side effect of inflating EPS which keeps the analysts happy and not asking HARD questions.
     

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