Walt Disney Company Quarter 2 Earnings Report 2020

[dina444444]

Actual.

They still have Mulan on the books for end of July then two films in November. They typically don't have major releases in the August - October corridor.

 

[rteetz]

https://twitter.com/x/status/1257775905071673345

 

[dina444444]

No dividend for first half of the year.

 

[OnceUponATime15]

Making up financial ground due to park closures...

 

[rteetz]

You can buy Shanghai tickets beginning May 8th.

 

[RamblingMad]

No dividend for first half of the year.

Everyone is cutting dividends. But that should send the stock lower.

 

[rteetz]

Attendance impact on domestic parks is -11% for the quarter.

 

[rteetz]

Shanghai reopening does not equal an increased timeline in opening other parks and resorts.

 

[CastAStone]

Reading between the lines on those room night numbers, a whole bunch of people didn't come that last 7 days or so that the park was open. So that $1bn loss includes some losses from operating parks and resorts at full blast for Spring Break with substantially lower guest count than expected.

 

[yulilin3]

https://disneyparks.disney.go.com/b...s-from-chief-medical-officer-dr-pamela-hymel/

 

[cm123]

Reading between the lines on those room night numbers, a whole bunch of people didn't come that last 7 days or so that the park was open. So that $1bn loss includes some losses from operating parks and resorts at full blast for Spring Break with substantially lower guest count than expected.

The weather was really bad the last week Disneyland was open as well.

 

[dina444444]

The weather was really bad the last week Disneyland was open as well.

It wasn't even a weekend they closed on a Friday and we had rain that week.

 

[J-BOY]

https://disneyparks.disney.go.com/b...s-from-chief-medical-officer-dr-pamela-hymel/

In this article:

We’ll follow guidance from the government and the medical community regarding enhanced screening procedures and prevention measures, including those related to personal protective equipment (PPE), such as face coverings.

 

[BryGuy415]

Imagine what Q3 holds...The US parks were only closed for about two and a half weeks in Q2

 

[andyman8]

With SDL opening on May 11, I wonder what that means for HKDL, given the special "shoutout" it got during the call. I'd imagine they want it to open ASAP with the already lagging attendance it was. experiencing.

 

[xuxa777]

https://disneyparks.disney.go.com/b...s-from-chief-medical-officer-dr-pamela-hymel/

Nothing strong on masks in her letter, defers to guidance from local gov. If that is the case it looks like masks will be recommended but not required for guests

 

[SaintsManiac]

https://twitter.com/x/status/1257776391644311552

 

[LSUmiss]

Got a meeting with the Bobs...

My DH always says that!

 

[rteetz]

With SDL opening on May 11, I wonder what that means for HKDL, given the special "shoutout" it got during the call. I'd imagine they want it to open ASAP with the already lagging attendance it was. experiencing.

I can't see it being too far behind but also working with different ownership groups. Shanghai is majority owned by the local government there. HK separate.

 

[michellej47]

Nothing strong on masks in her letter, defers to guidance from local gov. If that is the case it looks like masks will be recommended but not required for guests

Agree. Very few places actually require masks. They just encourage/recommend them.