Not praising Jim Cramer in general, but he actually hit the nail head-on with Disney.
It remains to be seen if the board and the new old boss understand that the crisis of confidence in the brand extends beyond Hollywood and Wall Street, but like I said earlier today, I think that a negative perception of domestic park operations might have finally breached containment beyond the digital walls of forums and niche communities like this one. If Q1 financials for the park come in soft but the country does not fall into a recession by the time earnings for the quarter are announced, that would be the most salient evidence that the parks need a course correct just like media. You would have to stem the bleeding immediately and restore soon after, or the division could spiral and take the company with it.
This is complete wish casting and probably will not happen but here goes: I can't think of something that would restore consumer confidence in the company quite like rolling out a massive, 11-figure capital improvement plan that touches every domestic park once interest rates come back down, and hopefully by the 100th anniversary of the company.
Like I said, complete wishcasting on my part. But it seems like wishcasting worked out well for some people in the last 24 hours, so let's see if this one works too.