food IS a theme park
With all of their worldwide theme parks experiencing extended closures, 2020 was a tough year financially for The Walt Disney Company.
Disneyland
The far-reaching impacts of the global pandemic have led some analysts to predict that it could take years for the Disney parks to return to normalcy. Between the uncertainty surrounding the future of the theme parks and key leadership changes, many Wall Street analysts downgraded Disney’s stock rating in 2020.
With such a drastic interruption to Disney’s business model, there have been lots of discussions on the kind of losses they’ll be enduring.
Cinderella Castle
Analysts have been making tons of predictions as to what Disney’s financial loss will look like after all of this. Now, some are saying that Disney could lose around $1 billion every month that the parks remain closed. Let’s see what they’re looking at.
A lot of analysts have been looking at the future of Disney right now. As one of the biggest companies in the world, Disney’s outlook will have an effect on the overall market.
Walt Disney World
Recently, a Wells Fargo analyst made the statement that it could take two years for the Disney parks to return to normalcy after their closures end. Of course, this has been concerning for Disney fans everywhere. Today, however, an analyst from J.P. Morgan says otherwise: The parks could reopen by June and the company could even turn a profit.
Our handy (and portable!) ebook guides make sure you get the best deals and can plan a vacation of a lifetime.
