News Disney CEO Bob Iger Addresses Disney Parks Crowding and Pricing Concerns

[HauntedPirate]

I remembered seeing a post too, found it in the DVC lounge thread. Says Monday (the 17th)

"Look at all the people here at Tron and Space Mountain!"

*whisked to Epcot*

"Look at all the people here at Guardians!"

*whisked to Hollywood Studios*

"Look at all the people here at Slinky Dog Dash!"

*whisked to AK*

"Look at all the people here at Pandora!"

Bob - "I was at Disney World this week and let me tell you, it was busy!"

 

[phillip9698]

Yessireee! Things have never looked better!

View attachment 849062

The entire market looks like that over this time frame.

 

[Laketravis]

The entire market looks like that over this time frame.

Not quite.

YTD:

DIS: -11.22%
Nasdaq: -7.91%
DJIA: -1.31%
S&P: -3.64%

 

[phillip9698]

Not quite.

YTD:

DIS: -11.22%
Nasdaq: -7.91%
DJIA: -1.31%
S&P: -3.64%

Good grief.

Most stocks trade in correlation to the indexes but they don’t follow the exact same percentages.

I own many stocks where a 1% increase in SPY will often correlate to a 3% increase in the stock price, same thing with drops. Look at the SPY and DIS charts for today, you notice how similar they are? Now look at the % increases.

Most stocks in the S&P 500 have a chart shape YTD similar to the one posted for DIS due to the overall market. Which is what I stated!

 

[Sirwalterraleigh]

And thank goodness Bob told us that the park he visited (with all his handlers, no doubt) was busy. During Spring Break. That's the sort of hard-hitting, truth telling he came back to give us.

A very “lightly” attended Epcot today on a Friday in March with a festival going…

…can’t wait for some genius to respond and say “it’s not the busy season”

 

[Laketravis]

Good grief.

Most stocks trade in correlation to the indexes but they don’t follow the exact same percentages.

I own many stocks where a 1% increase in SPY will often correlate to a 3% increase in the stock price, same thing with drops. Look at the SPY and DIS charts for today, you notice how similar they are? Now look at the % increases.

Most stocks in the S&P 500 have a chart shape YTD similar to the one posted for DIS due to the overall market. Which is what I stated!

Regardless of any implied correlations, the fact remains DIS is an underperformer. Look beyond YTD for proof. The point that was being made was the disconnect between Iger's rosy current perspective and reality.

"Good grief"

 

[Sirwalterraleigh]

Good grief.

Most stocks trade in correlation to the indexes but they don’t follow the exact same percentages.

I own many stocks where a 1% increase in SPY will often correlate to a 3% increase in the stock price, same thing with drops. Look at the SPY and DIS charts for today, you notice how similar they are? Now look at the % increases.

Most stocks in the S&P 500 have a chart shape YTD similar to the one posted for DIS due to the overall market. Which is what I stated!

So a stock that’s been a dog for 10 years is how everyone becomes a billionaire, eh?

 

[HauntedPirate]

Do we want to look at 3 year stock performance?

 

[Mr. Sullivan]

Can we not have just one thread of actual discussion without the usual suspects camping out just to pick fights with people and speak down to everyone for no reason

 

[DonniePeverley]

Anything on banning locals with an absurd cheap annual pass ?

 

[mysto]

A very “lightly” attended Epcot today on a Friday in March with a festival going…

…can’t wait for some genius to respond and say “it’s not the busy season”

I heard it would be crowded so I didn't go.

 

[SynergyEnergy]

He’s gone in a year at this point what does it matter, everything is awesome!!!!

I have a gone to Disney year over year for a long time. My family and I skipping Disney after visiting Universal Orlando and being WOW’d by the value and and far more entertaining return. No renewals for this large family and and +100 friends. We’re all decided on #skipdisney252627 in lieu of newer, better, more valuable experiences.

What can I say, Disney’s magic is a thing of history. Belonging to docuseries creators and such.

 

[Trauma]

Can we not have just one thread of actual discussion without the usual suspects camping out just to pick fights with people and speak down to everyone for no reason

In the immortal words of the Lil John radio edit -

Don’t start no stuff, won’t be no stuff

 

[Lilofan]

Do we want to look at 3 year stock performance?

It hasn't stopped the Disney Board who were recently all reelected and sets up the CEO compensation package , keep Iger in charge

 

[Mr. Sullivan]

In the immortal words of the Lil John radio edit -

Don’t start no stuff, won’t be no stuff

Well it would be lovely if people could stop trying to start stuff then LMAO

 

[Laketravis]

Do we want to look at 3 year stock performance?

Right? DIS shares have lost more than 40% of their value since hitting a closing high back in March 2021, losing more than $160 billion in market cap. Pretty bad performance for what was once considered one of the best stocks in the world to own for three decades (1990-2020).

 

[MisterPenguin]

DIS shares have lost more than 40% of their value since hitting a closing high back in March 2021

That high was an exuberant bubble fueled by speculators. The parks were kneecapped by COVID. Disney+ had giant deficits but Wall Street was only looking at the number of subs which were goosed by the pandemic.

Disney's stocks shouldn't have jumped that high all at once. But speculators be speculating. When it was clear that Disney's five year outlook for Disney+ was actually a full five years, Wall Street abandoned Disney and it went back down to where it was before that bubble.

Now, I will say this and say it clearly: Disney's stock has indeed been languishing. Wall Street gurus keep saying to their customers to buy. And valuate DIS at $130 even. But all for naught. Disney's *profiting* over $7B a year. And the outlook is growth. Myself and these gurus are stymied by Wall Street's reluctance.

But when you take any stock's one-time high and compare it to now, it is a 'clever' way to make it look worse than it is. Go back 5 years and DIS is up 3%.

 

[Sirwalterraleigh]

That high was an exuberant bubble fueled by speculators. The parks were kneecapped by COVID. Disney+ had giant deficits but Wall Street was only looking at the number of subs which were goosed by the pandemic.

Disney's stocks shouldn't have jumped that high all at once. But speculators be speculating. When it was clear that Disney's five year outlook for Disney+ was actually a full five years, Wall Street abandoned Disney and it went back down to where it was before that bubble.

Now, I will say this and say it clearly: Disney's stock has indeed been languishing. Wall Street gurus keep saying to their customers to buy. And valuate DIS at $130 even. But all for naught. Disney's *profiting* over $7B a year. And the outlook is growth. Myself and these gurus are stymied by Wall Street's reluctance.

But when you take any stock's one-time high and compare it to now, it is a 'clever' way to make it look worse than it is. Go back 5 years and DIS is up 3%.

What a complete load of crap

Blame the plague for decades of bad management long before and since

 

[DonniePeverley]

Disney stock price is around the 2015 mark. Still pretty high, albeit down from the peak years they were having with Marvel and their animination studios. Anyone with any knowledge of Disney history knows their stock price was at an all time low years before 2015, this is nowhere near that.

Captain America, Snow White have obviously become embroiled in some political controversy in America, bad word of mouth on the actual movies, so they had to get these films out the way.

Not sure who green lit those films, was it Iger or Chapek ? But with Iger at the helm you can see a steady pair of hands guiding them back to prominance. Hoping he remains vigilant on local free loaders on yearly passes.

 

[larryz]

But with Iger at the helm you can see a steady pair of hands guiding them back to prominance.

But it's been kind of a jerky motion along the way...