Disney's FY20 Q3 Earnings (8/4/20)

[brb1006]

"This is fine"
- Olaf

 

[el_super]

That music is so fitting.
Edit: Now Olaf just ruined the mood.

Olaf ending the song with "This is fine" was the best part so far!

 

[MisterPenguin]

I have no idea where this music is from.

 

[brb1006]

 

[Brer Oswald]

I have no idea where this music is from.

Star Wars probably

 

[TYOTimer]

Star Wars probably

You’ll know when the Bobs are coming because the Imperial March will start

 

[DznyGrlSD]

still getting star wars music - we late?

edit: here we go

 

[wdwmagic]

BTW, new feature. If you want to see a live feed of posts as they come in, head to https://forums.wdwmagic.com/whats-new/latest-activity

 

[brb1006]

We're live!

 

[bartholomr4]

23.1 Billion in Cash on hand at the end of the quarter. Thats up from $5.4 Billion in April. Reflecting a bunch of borrowing and some debt coming due this year due to the 21CF acquisition, but the firm is not cash poor or on the brink of bankruptcy.

 

[Brer Oswald]

No Iger?

 

[brb1006]

It's the big cheese (Chapek) himself!

 

[SpaceMountain77]

Iger is not participating in today's call.

 

[hopemax]

Bob C and Christine, no Bob I, today.

 

[TYOTimer]

No Iger?

He’s in hiding

 

[ParentsOf4]

Domestic theme park capex was $1.857M for the first 9 months of the current fiscal year, down from $2.491M for the same 9 months last year.

For the quarter, Domestic capex was $308M, down from last year's $813M.

With domestic depreciation at $426M for the quarter, this means that Disney effectively shut down all theme park investment.

 

[Sirwalterraleigh]

Hey!! I had a $4.5 loss in the pool. Better than expected...but still tremendously putrid!!

 

[Slpy3270]

23.1 Billion in Cash on hand at the end of the quarter. Thats up from $5.4 Billion in April. Reflecting a bunch of borrowing and some debt coming due this year due to the 21CF acquisition, but the firm is not cash poor or on the brink of bankruptcy.

Gotta keep making those debt payments somehow.

 

[Sirwalterraleigh]

He’s in hiding

He vacated his contract. That was intentional...I’ve seen snotty takes on it like he’s somehow punching a time clock with the janitor.

He quit in a rush on 2/26 to serve his interests...it’s just not clear what those interests are.

 

[HarrisburgMouse]

60.5 paid subscribers for Disney+ as of yesterday...