food IS a theme park
Today was The Walt Disney Company’s Q4 Earnings Call, and we’ve been covering the report of their four fiscal quarter of 2021.
©Disney || Bob Chapek
In addition to announcing their Disney Park revenue doubling, as well as how many guests are using the new Genie+ service, Disney also released their plans for Disney+ content in the future.
Today, the Walt Disney Company is sharing LOTS of information with its shareholders on their fourth-quarter earnings call!
©CNBC
The fourth quarter, and the fiscal year, for the company ended in late September, and we’re really beginning to see the results and consequences of COVID-19 on Disney’s financial status. Disney reported over $14 billion dollars of revenue loss, and $2.4 billion of that was losses in the Parks, Experiences, and Products division. CEO Bob Chapek also shared how well Disney theme parks around the world fared. We’re taking a look at that now.
For Disney fans around the globe, there are many important dates throughout the year, from movie release dates to major opening dates at Disney Parks. But for investors and those interested in Disney’s financial performance, the Quarterly Earnings Calls are among the biggest days of the year!
Disney CEO Bob Chapek
Today, Disney discussed their fourth quarter as well as fiscal full year 2020 financial results in a public audio webcast. The company’s fourth quarter and fiscal year ended in late September, meaning that this earnings call gave us an even BIGGER picture at how 2020 has impacted the Company.
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