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Heard during Disney's (DIS -1%) earnings call: 1) Investments in Fantasy Land at Magic Kingdom...

Heard during Disney's (DIS -1%) earnings call: 1) Investments in Fantasy Land at Magic Kingdom in Orlando look to be helping traffic. An all-time single day attendance record was set at the park during Easter weekend. 2) CEO Robert Iger addresses the one segment that is under-performing at the company (TV business) by noting that TV markets are compressing, but the exec sees market share improving. 3) Disney is working on opportunities to utilize the Star Wars franchise into television and theme parks. Details will follow later this year. (transcript)
Comments (5)
  • Seems like firing on all cylinders. Perfect long term holding.
    8 May 2013, 10:07 AM Reply Like
  • Record Pa rks means record merchandise. Mel Richards
    8 May 2013, 10:17 AM Reply Like
  • In the words of Lee Corso: "not so fast my friend". While setting "all time attendance" records may seem great for the present, it doesn't say anything about what that means for the future. Other important considerations are what type of experience that "all time attendance" gave to park guests, how long they stayed on a given day (all day? half day?) when those crowds were so large, and how that experience impacts their desire or willingness to return in the future.

     

    As someone who left Disney World on the day before Easter, I experienced the crowd build up during the week before Easter. This visit was not nearly as pleasant as my prior experiences. The crowds in the pm were overwhelming, and my family and I left the parks early because of it. Over the years, Disney has obviously done a good job getting loyal re-visiters, but future attendance may suffer if something doesn't change.
    8 May 2013, 11:04 AM Reply Like
  • Disney to 70 ! Buy on todays dip.
    8 May 2013, 12:35 PM Reply Like
  • Been holding this stock since 1997. was 26 back then, so I have been pleased with how its been going. I just hold it and forget about it. Its a company everyone knows and relates too.
    8 May 2013, 03:40 PM Reply Like
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