According to the company’s Quarterly Financial Report, which was announced on Wednesday, Hurricane Helen and Hurricane Milton had a damper to attend the Disney theme park in the final stretch of 2024.
For the last three months of last year, the cost of operating profit -normal management profits has decreased by 5 % in domestic theme park segments, including Waltodisney World. The 28 % profits from the International Parks helped to maintain a flat quarter of segments, including Disney Cruise Line.
The fiscal year of Walt Disney Co., Ltd. begins on October 1st.
The company stated that Helen, who attacked in late September, and Milton who attacked Florida in October decreased, but still increased by 2 % in the same quarter of the previous year, affecting profits. Milton urged Disney World’s closing and canceled one Sailing of Disney Wish Cruise ships from Port Canabellal.
However, Disney also reported an increase in guest expenditures in the US Park for this quarter. Domestic theme parks were reported to be $ 6.43 billion.
At a conference with market analysts, Hugh Johnston, the highest finance officer, repeatedly hoped that operating income in the fiscal year would increase from 6 % to 8 %. Meanwhile, the competitors Epic Universe Themad Park will debut in Orlando.
According to Johnston, the opening of a new Universal Orlando park, “When we planned, we were expecting some small impacts.” “I think it’s effectively hedged by the guide we have given to you, so the overall level of confidence in the Experience Guide is high.”
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Johnston also worked on the new lightninglen premier pass, a premium add -on with more flexible line skips in Disney World’s attractions.
“It’s a product we are learning how to use, so we are very kind to marketing it,” he said. “Initially, it was in line with our expectations, but for both the Lightning Lane buyer and the other guests in the park, we move slowly with that product. I am.
The latest cruise line, Disney Trage -Shalling, began sailing from Port Canabellal in late December.
“Our expectations are to increase profitability in the first quarter,” said Johnston. “And frankly, that’s our expectation from here.”
Other places in the company, the entertainment department increased 9 % to $ 10.87 billion. The numbers have been enhanced by ticket sales of “Moana 2”, “Deadpool & Wolverine”, and “Inside Out 2”. The streaming business has reported an increase in revenue, despite the decrease in Disney+subscriber.
As a whole, the company’s revenue in the quarterly was $ 24.7 billion, an increase of 5 %.
dbevil@orlandOSENTINEL.COM
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