fbpx
Menu

Disney Finally Confirms What’s Hurting the Bottom Line

Cinderella Castle
Credit: Flickr/Brian McGowan

There’s been a lot of talk in recent weeks about the crowds at Walt Disney World. Depending on who you’re listening to, you’ve either heard that the crowds have disappeared or are crazier than ever free. You’ve also even heard that it’s not affecting Disney or that it has drastically hurt their bottom line. All of that has been pure conjecture. No one has had a definitive answer… until today. 

Disney world crowds

Credit: ITM

Disney has released its third-quarter earnings statement. While they naturally attempt to gloss over the things That make them look bad, if you know where to look. You know where to find the information income at the parks and resorts is up. This is a very good thing. However, a closer look at the earnings report shows that all is not well in Florida.

Earnings call

Credit: The Walt Disney Company

The report states, “Lower operating income at our domestic parks and resorts was attributable to a decrease at Walt Disney World Resort.” That means those thinning crowds? They matter. It is also significant that for the second place in a row, international parks have outlined domestic parks. We wouldn’t go so far as to say that Disney World is in trouble, But it does seem to be on a downward spiral.

Credit: Theme Park Express

Disney’s admission that crowds have thinned is significant as well. It flies in the face of comments that they have made previously. Bob Iger has gone on record in the past saying that the crowds aren’t smaller and that he’s not concerned about Disney World. The earnings report tells a very different story. Iger is an excellent showman, but the numbers are always going to tell the truth.

 

 

About Jill Bivins

Jill Bivins has been visiting Disney Parks since she was 2 years old and loves sharing her Disney adventures with the world. She likes to say Disney is in her blood and writing is in her bones — so any time she has the opportunity to combine these loves she is one happy camper! She has a deep abiding love for Epcot and as a die hard Star Wars fan has a serious love for Hollywood Studios as well. When she isn't exploring or writing about Disney Parks, Jill is homeschooling her 8 year old son, playing with her brand new baby son, or pretending to be a farmer on her family homestead (despite being unable to keep even a cactus alive). Find Jill on Instagram @minnieonmain.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.