Fourth Quarter Fiscal Year 2014 results - Record $48.8 billion revenues

Bairstow

Bairstow

Well-Known Member
scottb411 said:
Looks like MyMagic+ has been paid for ($1.1 billion in revenue increase from last year):

http://www.bizjournals.com/orlando/...gical-the-walt-disney-co-has-strong-year.html

"Overall, Disney theme parks raked in nearly $15.1 billion in revenue in the full year, which is a 7 percent climb from $14 billion the previous year."
...
"The increase in guest spending was primarily due to higher average ticket prices for theme park admissions and for sailings at our cruise line and increased food, beverage and merchandise spending,"
Click to expand...

I would love to see the breakdown on that 1.1 billion.
It wouldn't shock me if the bands are indeed paying for themselves, but it would be interesting to know for sure.
 
Hakunamatata

Hakunamatata

Le Meh
Premium Member
scottb411 said:
Looks like MyMagic+ has been paid for ($1.1 billion in revenue increase from last year):

http://www.bizjournals.com/orlando/...gical-the-walt-disney-co-has-strong-year.html

"Overall, Disney theme parks raked in nearly $15.1 billion in revenue in the full year, which is a 7 percent climb from $14 billion the previous year."
...
"The increase in guest spending was primarily due to higher average ticket prices for theme park admissions and for sailings at our cruise line and increased food, beverage and merchandise spending,"
Click to expand...
And maybe this is why we have seen announcements of money being spent on physical additions to the parks.
 
FutureCEO

FutureCEO

Well-Known Member
hakunamatata said:
And maybe this is why we have seen announcements of money being spent on physical additions to the parks.
Click to expand...


Announcements, yes! But I don't see anything new. After all with Disney, a new Star Wars land will take 5 years to build. My grandmother could build faster than them.
 
flynnibus

flynnibus

Premium Member
scottb411 said:
Looks like MyMagic+ has been paid for ($1.1 billion in revenue increase from last year):

http://www.bizjournals.com/orlando/...gical-the-walt-disney-co-has-strong-year.html

"Overall, Disney theme parks raked in nearly $15.1 billion in revenue in the full year, which is a 7 percent climb from $14 billion the previous year."
...
"The increase in guest spending was primarily due to higher average ticket prices for theme park admissions and for sailings at our cruise line and increased food, beverage and merchandise spending,"
Click to expand...

First... we'll start off that revenue != cleared money.. the rest I won't even bother with.
 
jt04

jt04

Well-Known Member
FutureCEO said:
Announcements, yes! But I don't see anything new. After all with Disney, a new Star Wars land will take 5 years to build. My grandmother could build faster than them.
Click to expand...

Pandora

Disney Springs

New hub necessary before MK expansion

Soarin expansion likely

TSMM expansion

DHS 2.0

Mickey's magical disappearing BAH

Frozen attraction

DAK 1.5

Where are the TDO haters? Cat got your tongue? :cat:

I told you TDO would get the last laugh. It was all so easily predictable. :geek:
 
FutureCEO

FutureCEO

Well-Known Member
jt04 said:
DHS 2.0

DAK 1.5
.
Click to expand...

What are those?

I'm not bashing....all I'm saying is that they are slow. Case in point: Universal announced Harry Potter in April of this year for California opening up in 2016. Where Pandora was announced Oct 2013 and barely has anything done. Or New Fantasyland was announced in 2009 and the whole section just opened up this year.
 
SirLink

SirLink

Well-Known Member
jt04 said:
  • Pandora
  • Disney Springs
  • New hub necessary before MK expansion
  • Soarin expansion likely
  • TSMM expansion
  • DHS 2.0
  • Mickey's magical disappearing BAH
  • Frozen attraction
  • DAK 1.5

Where are the TDO haters? Cat got your tongue? :cat:

I told you TDO would get the last laugh. It was all so easily predictable. :geek:
Click to expand...

1)Burbank is calling the shots
2)Out of the list 5 projects are being worked on 2 of which are just infrastructure improvements. I hope to god one of them gets cancelled and cooler heads will prevail.
3) MK is not getting expanded.
 
danlb_2000

danlb_2000

Premium Member
jt04 said:
Pandora

Disney Springs

New hub necessary before MK expansion

Soarin expansion likely

TSMM expansion

DHS 2.0

Mickey's magical disappearing BAH

Frozen attraction

DAK 1.5

Where are the TDO haters? Cat got your tongue? :cat:

I told you TDO would get the last laugh. It was all so easily predictable. :geek:
Click to expand...

How much can actually be going on if you have to resort to putting rumored things on the list? If Disney was having the major building boom that you say, you wouldn't need to pad the list.
 
W

wdwfan4ver

Well-Known Member
jt04 said:
Pandora

Disney Springs

New hub necessary before MK expansion

Soarin expansion likely

TSMM expansion

DHS 2.0

Mickey's magical disappearing BAH

Frozen attraction

DAK 1.5

Where are the TDO haters? Cat got your tongue? :cat:

I told you TDO would get the last laugh. It was all so easily predictable. :geek:
Click to expand...
Disney Springs is something that should've been done years ago since Disney decided to close the clubs of Pleasure Island without a stable plan in place.

TDO isn't calling the shots, but Burbank is. You are desperate to list things since some of the stuff is under rumor mill.

DHS 2.0 and TSMM Expansion shouldn't be listed separately since TSMM Expansion is part of DHS 2.0 as well as BHS disappearing. The fact you did it shows how desperate you are for adding stuff that Disney is doing for WDW.

Pandora and AK 1.5 might as well be called the same thing since AK is not getting a true make over outside of a Night Show and the Safari attraction getting a night version of it. A night version KS doesn't cost a lot.

Your MK Expansion comment is false because that is not going to happen before the next decade. The Hub is only structural.

Soarin' expansion is rumor mill at this point.
 
gbruenin

gbruenin

Active Member
With earnings statements like this, it makes one wonder why someone would dump 1.8m shares yesterday at 4:00. Perhaps they realized you can only raise the cost of cheeseburgers so much in a year.
 
ParentsOf4

ParentsOf4

Well-Known Member
todd23 said:
Now we needs Parentsof4 to jump in with some analyzation of these numbers!
Click to expand...
msteel said:
If I did my math right, P&R expenses went up 4% and the profit margin for FY2014 is 17%.

I'm a little surprised @ParentsOf4 hasn't weighed in yet.
Click to expand...
A more interesting analysis will follow the release of the 10K and annual report. However, I do have some preliminary thoughts on the numbers published so far.

Disney has summed up the Parks & Resorts (P&R) results very well:

Operating income [and revenue] growth for the quarter was due to an increase at our domestic operations, partially offset by a decrease at our international operations.

Higher operating income at our domestic operations was driven by increased guest spending and attendance, partially offset by higher costs and lower vacation club ownership sales. The increase in guest spending was primarily due to higher average ticket prices for theme park admissions and for sailings at our cruise line and increased food, beverage and merchandise spending.​

Disney reported a 7.2% increase in P&R revenue, which is pretty bad, the worst growth ever in a non-recession year. However, DLP's horrible performance pulled down the numbers. It's not reflective of what happened domestically.

Disney's 20.0% operating income growth was expected. Please see my posts here and here explaining why this was "due to the absence of development costs for MyMagic+".

Don't be 'wow'ed by that number. It's just 1% above average for the prior 3 years, which were pulled down by the MyMagic+ money pit. The prior years would have been much better if Disney hadn't squandered so much on MyMagic+. Operating income would have been up very little in 2014 if MyMagic+'s associated Selling, General & Administrative (SG&A) and operating expenses hadn't significantly overrun their budget in 2013.

On a separate topic, domestic P&R capital expenditures were flat for the year, even as Disney collected a billion more in P&R revenue.

You're going to hear some big numbers about investments in the future, but when you average it out over his entire tenure as CEO, Iger probably will end up underfunding WDW to the tune of $3-to-4 billion. At WDW's revenue and operating income levels, Disney should be opening the equivalent a New Fantasyland at WDW nearly every year.

Please, please, please stop defending Disney for delaying investments they should be making at WDW right now.
 
Last edited:
Mouse Trap

Mouse Trap

Well-Known Member
danlb_2000 said:
Despite the good earnings the stock isn't doing to good today..

http://nypost.com/2014/11/07/disney-stock-falls-2-5/
Click to expand...

This is actually quite normal action from Disney's stock following earnings release. The passed three earnings releases have been blessings and Disney has either rocketed or remained flat. For most of recent history Disney has always sold off following good (or bad) earnings releases. Good ole' buy the rumor, sell the news Wall Street for you.

Oh well, Wall Street (and myself) are very happy with Disney's 300% or so gain during Iger's tenure compared to the S&P 500's 90ish %. Numbers are accurate if last bit of reports I read are correct. I will give Iger credit for growing revenues and earnings, in SOME departments for sure :rolleyes:
 

Register on WDWMAGIC. This sidebar will go away, and you'll see fewer ads.

Back
Top Bottom