This is the Disney way of putting a positive spin on a negative. Guest feedback and experience has been great because the park has been empty. If the DL was packed, you wouldn’t hear anything about guest feedback.
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News Dismal Q3 Earnings
- Thread starter monothingie
- Start date
This is the Disney way of putting a positive spin on a negative. Guest feedback and experience has been great because the park has been empty. If the DL was packed, you wouldn’t hear anything about guest feedback.
Tom P.
Well-Known Member
The mindset of only being concerned about one quarter of profit, instead of looking at the long-term picture, is ultimately going to be the downfall of the American economy. Well, that and this obsession with stock price and the "expectations" of Wall Street as the sole measure of judging a company.
Make sure to add algorithmic selling.
peter11435
Well-Known Member
This.
It’s not enough for a company to make a profit, or even to have significant profit growth, they’re a failure if they don’t increase profit by as much as random outsiders say they should.
Interesting tidbits from the report:
1. "In the current year, the entire Easter holiday fell in the third quarter, while the third quarter of the prior year included only one week of the Easter holiday." Sounds like they really needed that to help Q3 numbers.
2. "Growth at merchandise licensing was primarily due to higher revenue from merchandise based on Toy Story, partially offset by a decrease from Star Wars merchandise.". Umm... Is that normal?
3. "Higher costs were driven by labor and other cost inflation and expenses associated with Star Wars: Galaxy’s Edge, which opened at Disneyland Resort on May 31." It was open for 1 month and "labor and other expenses" from SW:GE dragged down the entire quarter's numbers? Hmmm...
So I wonder what the full year's numbers will look like? Probably up overall but the excuses as to why they aren't higher will be interesting to read.
1. "In the current year, the entire Easter holiday fell in the third quarter, while the third quarter of the prior year included only one week of the Easter holiday." Sounds like they really needed that to help Q3 numbers.
2. "Growth at merchandise licensing was primarily due to higher revenue from merchandise based on Toy Story, partially offset by a decrease from Star Wars merchandise.". Umm... Is that normal?
3. "Higher costs were driven by labor and other cost inflation and expenses associated with Star Wars: Galaxy’s Edge, which opened at Disneyland Resort on May 31." It was open for 1 month and "labor and other expenses" from SW:GE dragged down the entire quarter's numbers? Hmmm...
So I wonder what the full year's numbers will look like? Probably up overall but the excuses as to why they aren't higher will be interesting to read.
Stripes
Well-Known Member
Live Blog: The Walt Disney Company Q3 2019 Earnings - LaughingPlace.com
This afternoon, The Walt Disney Company will announce their third quarter earnings and discuss them with investors during a conference call. Stay tuned as we bring you highlights from the financial results as well as any news that might emerge after.
www.laughingplace.com
Attendance was up at Disneyland, excluding annual passholders. Disney says that concern about overcrowding, increases in local hotel prices, and opening one attraction instead of two, impacted attendance as well.
jt04
Well-Known Member
I doubt they expected much this year. Might take a year or two to turn that ship around. IMO.
tissandtully
Well-Known Member
In Disney+ news:
Disney announces $12.99 bundle for Disney+, Hulu, and ESPN+ - The Verge
apple.news
Disney announces $12.99 bundle for Disney+, Hulu, and ESPN+ - The Verge
Disney announces $12.99 bundle for Disney+, Hulu, and ESPN+ — The Verge
On par with or cheaper than competitors
apple.news
ToTBellHop
Well-Known Member
I don’t believe I have a dessert issue.
Quinnmac000
Well-Known Member
In Disney+ news:
Disney announces $12.99 bundle for Disney+, Hulu, and ESPN+ - The Verge
Disney announces $12.99 bundle for Disney+, Hulu, and ESPN+ — The Verge
On par with or cheaper than competitors
The fact they are now bundling it with ESPN doesn't make me want it now.
"How do we get ESPN+ subscription numbers up???"
"I got it!! Bundle it with something people want!!"
tissandtully
Well-Known Member
I know, but it's still cheaper than Hulu + Disney+ separately. I'd literally never watch ESPN+ haha.
Quinnmac000
Well-Known Member
But its Hulu with ads which if people pay for a service they want no ads....so in the end get prepared for people to be irate or not subscribe to this bundle like anticipated.
Andrew C
You know what's funny?
In Disney+ news:
Disney announces $12.99 bundle for Disney+, Hulu, and ESPN+ - The Verge
Disney announces $12.99 bundle for Disney+, Hulu, and ESPN+ — The Verge
On par with or cheaper than competitors
I assume that is Hulu with ads. Maybe a few bucks more for the without ads package...
tissandtully
Well-Known Member
Yeah, that's gonna be a tough choice, we're on the Hulu Plus with no ads, I guess it's not that great of a deal now that I'm thinking about it.
Stripes
Well-Known Member
The price is equivalent to Disney+ and Hulu (with ads) standalone. So, you would basically get ESPN+ for free if you would have purchased both Disney+ and Hulu.
Andrew C
You know what's funny?
lol. Good timing with our posts...
Animaniac93-98
Well-Known Member
They're not going to say out loud in public "we're charging too much for what we're offering"