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Disney’s Q1 FY17 Earnings

Discussion in 'Disney Co News & Discussion' started by Katie G, Feb 7, 2017.

  1. Katie G

    Katie G Well-Known Member

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  2. EricsBiscuit

    EricsBiscuit Well-Known Member

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    I expect worse results this year and next unless there are some surprise movies. 2015 and 2016 were abnormally good. But the biggest pain and ultimately Iger's legacy in my opinion has nothing to do with parks or movies but is the cable networks. Cable networks make up 50% of revenue.
     
  3. Katie G

    Katie G Well-Known Member Original Poster

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    Parks & Resorts revenue up 6%, Operating income up 13%
     
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  4. Katie G

    Katie G Well-Known Member Original Poster

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    Official opening date of Pandora is May 27th!
     
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  5. Evan-500

    Evan-500 Well-Known Member

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    May 27th!!!

    Star Wars given official 2019 opening.
     
  6. Katie G

    Katie G Well-Known Member Original Poster

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    Bob was asked about extending contract...

    when originally targeted 2018, was a very personal decision. Going to do what's in the best interest of the company. Confident successor will be chosen in good time, but will do what's best for the company.


    What have you done to control costs in parks

    24.4% operating margin for total parks & resorts. Expect continued cost management in parks
     
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  7. marni1971

    marni1971 WDW History nut Premium Member

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    But thanks @Katie G for the updates.
     
    Last edited: Feb 7, 2017
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  8. Katie G

    Katie G Well-Known Member Original Poster

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    Sizing of opportunity of Avatarland?

    Open on May 27th. Very big land with unique design. E-ticket attraction unlike any we have built. Whole experience is sizable. Add-on to AK, which has always been a good park, but turn into a much fuller experience. Biggest new land in Florida in a really long time. We believe in the coming years, interest in Avatar will grow with movies coming into marketplace.
     
  9. Katie G

    Katie G Well-Known Member Original Poster

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    Question on ticket prices

    Nothing to announce at this time. Most of Florida attendance is from multi-day
     
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  10. Katie G

    Katie G Well-Known Member Original Poster

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    Attendance is parks? weaker demand? attendance levels going forward?

    Lapping of 60th, Hurricane Matthew, shift of holiday period. Introduced seasonal pricing 1 year ago, seeing some shift in demand. New offerings - GOTG in California. Don't read too much into this one quarter.
     
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  11. SorcererMC

    SorcererMC Well-Known Member

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    and per capita spending up 7% which offset the attendance decline (-5%).

    overall hotel occupancy at ~91%, with future bookings up ~2%
     
    Last edited: Feb 7, 2017
  12. SorcererMC

    SorcererMC Well-Known Member

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    Shanghai Disneyland attendance more than 7 mln; strong attendance during Chinese New Year and potentially will have 10 mln by one year anniversary.
     
  13. TabulaRasa

    TabulaRasa Well-Known Member

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    Thanks for the continual updates! I hope we get a confirmation on an opening date for Toy Story Land as well.
     
  14. Laketravis

    Laketravis Premium Member

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    Exactly what I'm afraid of. But thanks for posting this great info!
     
  15. SorcererMC

    SorcererMC Well-Known Member

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    Iger made some interesting comments about there being too many commercial interruptions in television, when entrants to the marketplace don't have as many; it's something they are 'looking at'.
     
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  16. RobbinsDad

    RobbinsDad Well-Known Member

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    That is interesting.
     
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  17. the.dreamfinder

    the.dreamfinder Well-Known Member

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    Earnings call replay is up for anyone who's interested; same link as OP.
     
  18. MisterPenguin

    MisterPenguin Premium Member

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    Anyone know what he might have meant by "whole experience is sizable"?
     
  19. SorcererMC

    SorcererMC Well-Known Member

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    From my notes; not an exact quote:

    Avatarland is a big land, in design and architecture, and an e-ticket attraction unlike what we have built,
    sizeable add-on to Animal Kingdom, added night-time safari experience and other entertainment,
    so turning 4th gate into a much fuller experience, biggest new land that we’ve opened in a long time,
    good for the whole business. We believe that interest in those movies is going to grow, we can’t quantify it,
    but a lot of potential.
     
  20. LAKid53

    LAKid53 Well-Known Member

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    By commercials, does he mean ads for that little blue pill and the like? Not that I want to second guess the CEO of the largest entertainment company on the planet, but he does realize that's where broadcast TV gets its revenue from - ad time sold? And that unless that broadcast ABC channel is licensed to corporate (thinking LA and NY markets), that ABC channel I hardly ever watch except for Saturdays during the fall, is an affiliate and dependent on that ad revenue for its existence. Didn't he start out as a weatherman at a network affiliate?

    :confused:
     
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