Q3 Earnings for TWDC

[fillerup]

Earnings around 4:15pm

For anyone who cares to listen in to Messrs Iger & Rasulo answer questions of Wall St analysts.

Today, Tues August 5 - 5pm EDT.

Conference Call

 

[flynnibus]

A good post... for another forum

maybe this thread http://forums.wdwmagic.com/threads/walt-disney-company-earnings-8-5.888066/ over in the right forum

 

[asianway]

They're up

 

[RSoxNo1]

How come it doesn't say that spending is up because of the My Magic+ investment?

 

[Mouse Trap]

How come it doesn't say that spending is up because of the My Magic+ investment?

IF MM+ has anything to do w/increased spending they've seen, I'm sure they'll make a point of it in the conference call. Wait till then.

 

[FigmentFan3]

Bob just mentioned an increased Star Wars presence in the parks with details coming next year. Neat.

 

[asianway]

How come it doesn't say that spending is up because of the My Magic+ investment?

Because if it's not true, they could go to prison. And if it were the case you can bet they'd be singing from the rooftops

 

[GiveMeTheMusic]

Domestic resort occupancy at 82%. Since we all know DLR runs at almost full occupancy year round, what horrid number do you think WDW resorts are on their own?

 

[GiveMeTheMusic]

Listening to them stammer answers out about MM+ is hilarious.

 

[danv3]

Listening to them stammer answers out about MM+ is hilarious.

So did someone really press them on that?

 

[danlb_2000]

So did someone really press them on that?

It was the first question, and a valid one for investors since quarter after quarter that have been saying that higher operating costs were partially being caused by the MM+ rollout. Investors want to know when this is going to stop being a driver a costs, and instead start showing a return.

 

[ABQ]

So did someone really press them on that?

No, not very much at all. One question was asked, but not very pointed and evaded easily.

 

[GiveMeTheMusic]

Yup, and Bob said they'd start seeing the impact NEXT quarter. Can't wait for that call.

 

[danlb_2000]

Yup, and Bob said they'd start seeing the impact NEXT quarter. Can't wait for that call.

Wonder for how many quarters that will continue to be the answer?

 

[peter11435]

Domestic resort occupancy at 82%. Since we all know DLR runs at almost full occupancy year round, what horrid number do you think WDW resorts are on their own?

There are 2,542 rooms at the Disneyland Resort compared to 28,937 at Walt Disney World. If we assume that DLR operated at 100% occupancy (which we know is not the case) that would mean WDW operated at 80.4% occupancy.

These numbers assume all rooms were in the available inventory which obviously is not the case.

 

[kylewr86]

I am betting on a price drop on the next quarter results when MM+ is not bringing in profits. That's when I will buy again. I bought in last time around $25 and sold for nice profit but wish I held longer since it went much higher. damn!

 

[wm49rs]

Wonder for how many quarters that will continue to be the answer?

For as long as the systems is in "testing"....

 

[CDavid]

There are 2,542 rooms at the Disneyland Resort compared to 28,937 at Walt Disney World. If we assume that DLR operated at 100% occupancy (which we know is not the case) that would mean WDW operated at 80.4% occupancy.

These numbers assume all rooms were in the available inventory which obviously is not the case.

Looks like 33,000 fewer available room nights at domestic resorts during the third quarter of 2014 than were available 3rd quarter 2013.

 

[ParentsOf4]

Looks like 33,000 fewer available room nights at domestic resorts during the third quarter of 2014 than were available 3rd quarter 2013.

That's essentially the 361 Poly rooms that were taken out-of-service for conversion to DVC (361 rooms X 91 nights = 32,851 room nights)

 

[peter11435]

Looks like 33,000 fewer available room nights at domestic resorts during the third quarter of 2014 than were available 3rd quarter 2013.

Which equates to about 360 rooms out of service per night. Assuming they were all at WDW that would adjust the WDW occupancy to 79.4% of all rooms and 80.3% of all rooms made available.