Iger on $DIS call: "Walt Disney World is still performing well above pre-COVID levels. 21% higher in revenue and 29% higher in operating income compared to fiscal 2019, adjusting for Starcruiser accelerated deprecation."Domestic parks are in decline, mainly due to numbers dropping at WDW.
The only reason operating income was up is international, mainly Shanghai which was closed part of last year and now open.
It is extremely worrying given the projections for current and future tourism spending (up) that WDW is losing a lot of custom.
They must reintroduce value immediately and probably scrap the hated Genie+
Yeah, I think they will be fine for now.