Deserted Disney Destinations: Unprecedented Drought Of Visitors Leaves Parks Feeling Empty
Portfolio Pulse from Aaron Bry
Walt Disney Co's theme parks are experiencing their quietest period in a decade, with the shortest wait times in nearly 10 years reported over the Fourth of July weekend. Disney executives have warned that park earnings may be down in 2023. The company's feud with Florida Governor Ron DeSantis and high prices could be potential reasons for the drop in attendance.
July 12, 2023 | 4:49 pm
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NEGATIVE IMPACT
Disney's theme parks are seeing a significant drop in attendance, which could negatively impact the company's earnings in 2023.
The news directly mentions a significant drop in attendance at Disney's theme parks. This could lead to lower earnings from the parks, which would negatively impact Disney's overall earnings. The company's stock price could potentially decrease as a result.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100