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News Dismal Q3 Earnings

Andrew C

You know what's funny?
Premium Member
I can buy off on the first week and numbers being down because everyone was scared off by the crowds.. Well, sort of... Why didn't this happen at Harry Potter in Universal? When has it ever happened before where a park builds something huge and no one shows after the first day? It doesn't happen. Even Pandora at DAK, a few years later, still has longer lines than STGE (2 months out) from what I've been hearing.

Even after that first week, when it was well known that the parks were empty the numbers still didn't pick up. That, to me, is telling. You can argue, "Well, a lot of them are AP holders so they're just waiting.." Hold on, I thought SWGE was HUGE and there was no way it could fail!!
DLR is a fickle mistress...
 

LSLS

Well-Known Member
Just saying that 3% below target for 1 quarter is hardly panic room fodder, more like "this won't be a big issue and will be resolved shortly" after AP blackout is lifted.
None of that means that the parks being down in attendance is fake news. You can't say they are where they should be because of your personal anecdotes when the CEO admitted the attendance was down. Sure the parks less crowded is a good thing for consumers, but that is not something Disney wants or plans for. You can come up with all sorts of reasons, but the bottom line is that Disney misread the opening. Time will tell if it's the whole land (and possibly the franchise, which no, I don't subscribe to), or just the opening.

I do agree it won't send them into a panic unless they see the trend continuing into Q4 or they look down for the year, but I think you are kidding yourself if you don't think there is some concern. I gotta admit, I'll be SUPER curious what the DHS attendance figures are at the end of the year as well. Won't be a perfect science or anything, but should be very interesting to look at.
 

embracejg

Well-Known Member
Hate this phrase, but this is fake news to spur an agenda. I've been to both domestic parks this fy quarter 3 and they're doing just fine. Just cuz they're sent people walking on top of one another (the new norm) people think the parks are doing poorly. Sad really. Park attendance is still almost unbearable, just less than it's been the last half decade or so.
"This is fake news. As proof, here's anecdotal evidence."

Just saying that 3% below target for 1 quarter is hardly panic room fodder, more like "this won't be a big issue and will be resolved shortly" after AP blackout is lifted.
You're overselling the reaction. The results can still be a major concern without "panic." I'm sure they're waiting to see what happens after the AP blackout is lifted before really considering changes. It's still not a good look to open your heavily-hyped expansion and have attendance drop.

But again, the AP blackout was a purposeful move made by Disney because they expected demand to be so high that they'd need the space for guests with single or multi-day tickets. It's tiresome to hear people argue that Disney WANTED attendance to drop for the Galaxy's Edge opening. Certainly their shareholders didn't.
 

rle4lunch

Well-Known Member
"This is fake news. As proof, here's anecdotal evidence."



You're overselling the reaction. The results can still be a major concern without "panic." I'm sure they're waiting to see what happens after the AP blackout is lifted before really considering changes. It's still not a good look to open your heavily-hyped expansion and have attendance drop.

But again, the AP blackout was a purposeful move made by Disney because they expected demand to be so high that they'd need the space for guests with single or multi-day tickets. It's tiresome to hear people argue that Disney WANTED attendance to drop for the Galaxy's Edge opening. Certainly their shareholders didn't.
Read thread title. This is hardly "dismal". 10% is sell off territory, but all the doomsayers on here that think there is any real issue with the parks are just kidding themselves and generating fake news to facilitate their bloodlust for Disney.
 

eddie104

Well-Known Member
Read thread title. This is hardly "dismal". 10% is sell off territory, but all the doomsayers on here that think there is any real issue with the parks are just kidding themselves and generating fake news to facilitate their bloodlust for Disney.
I can’t wait till this fallout from Star Wars is over.
 

MisterPenguin

Rumormonger
Premium Member
A decline in growth is not the same as no growth.

A decline in profits is not the same as no profits.

A comparison of a particular quarter one year to the same quarter the previous year -- whether it is more or less -- does not mean the whole year will have the same more or less relation to the previous year.

Extrapolation of trends based on a single datum does not a reliable trend make.
 

Rodan75

Well-Known Member
A decline in growth is not the same as no growth.

A decline in profits is not the same as no profits.

A comparison of a particular quarter one year to the same quarter the previous year -- whether it is more or less -- does not mean the whole year will have the same more or less relation to the previous year.

Extrapolation of trends based on a single datum does not a reliable trend make.
This is not the thread for logic. take a side and defend it until your death.
 

WDW Pro

Well-Known Member
Just saying that 3% below target for 1 quarter is hardly panic room fodder, more like "this won't be a big issue and will be resolved shortly" after AP blackout is lifted.
When Easter weekend is included in this Q3 and wasn't in the last one, yet it still went down... you'd better believe its panic time at DLR (not so much at WDW).
 

marni1971

WDW History nut
Premium Member
I’m sure it’s been linked to and read multiple times by now. A sobering read. And quite factual too.

 
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Epcot_Imagineer

Well-Known Member
I’m sure it’s been linked to and read multiple times by now. A sobering read. And quite factual too.

The rumors written about in this article were tossed around a lot... I was waiting to hear how true they were from you, and well, this is quite disappointing to know.
 

GhostHost1000

Well-Known Member
I’m sure it’s been linked to and read multiple times by now. A sobering read. And quite factual too.

sad. just sad
 

WDW Pro

Well-Known Member
I’m sure it’s been linked to and read multiple times by now. A sobering read. And quite factual too.

Not sure how he got the layout for the C Ticket (which is nearly impossible to add now, so don't expect it), but it's accurate. Also, he includes a few tidbits that can almost 100% be traced back to a very specific individual, so if I were him I wouldn't have worded a few places the way he did since it gives up his source. This does indicate a few people are frustrated enough to leak bits of info. Most of this stuff is common knowledge presented in an authoritative (and mostly accurate) narrative.
 

marni1971

WDW History nut
Premium Member
The rumors written about in this article were tossed around a lot... I was waiting to hear how true they were from you, and well, this is quite disappointing to know.
Almost everything in there I’ve heard / seen privately over the last few weeks (DL and SWL) to Tomorrowland DL and the SW C ticket (last few years) so the piece seems legitimate. All that’s new to me is India.

I’ll just add I had nothing to do with the article!
 

Animaniac93-98

Well-Known Member
I’m sure it’s been linked to and read multiple times by now. A sobering read. And quite factual too.

No it's NOT! because Al Lutz HATES Disney and is *checks notes from 2004* BAD!


;)
 

Animaniac93-98

Well-Known Member
Think of all the people who became Disney theme parks fans around 2005 or later and never heard of Al Lutz or Paul Pressler etc.

Crazy to think that was over 15 years ago now.

Besides the Disneyland in India sentence, there's not a lot of new info in the article, but there's a certain symbolism and significance to having Al's name attached to it that's going to be lost on a lot of people (even those gamer YouTubers calling SWGE a failure who never cared about Disney theme parks before 2019).
 
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britain

Well-Known Member
Not sure how he got the layout for the C Ticket (which is nearly impossible to add now, so don't expect it), but it's accurate. Also, he includes a few tidbits that can almost 100% be traced back to a very specific individual, so if I were him I wouldn't have worded a few places the way he did since it gives up his source. This does indicate a few people are frustrated enough to leak bits of info. Most of this stuff is common knowledge presented in an authoritative (and mostly accurate) narrative.
Can I just make the observation that riding on a Bantha-like creature AMONG the people (like the Main Street trolly does) sounds cool, but riding one along a dedicated lane on an upper level seems wrong. Like it’s working against the illusion that these are beasts. Especially if you saw a row of them up there. Why can’t they just build like 2 or 4 of them and let them go back and forth throughout the land, with a ‘handler’ walking in front of them?

Capacity would suck, but that’s how it is with the MS vehicles. Heck make it require a reservation if you have to. But it shouldn’t require its own “track” space.
 

flynnibus

Well-Known Member
well since Lutz said it vs other... all future criticism of the land will immediately fall to 'entertainment budget cuts' :)
 
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