DIS Shareholders and Stock Info ONLY

[wabbott]

https://www.nasdaq.com/articles/why-cruise-line-stocks-rebounded-today

Why Cruise Line Stocks Rebounded Today
Rich Smith
Jul 27, 2022 12:09PM EDT

What happened

Happy days are here again for cruise line stock investors -- but will they last?
After suffering four straight days of declines, shares of Carnival (NYSE: CCL) (NYSE: CUK) rebounded sharply this morning, rising 2.2% through 10 a.m. ET. Royal Caribbean (NYSE: RCL) investors soon joined in the fun, booking a 2.7% gain, as did Norwegian Cruise Line Holdings (NYSE: NCLH) -- up 3.2%.

So what

Cruise stock fans are pointing to a new survey out from Cruiseline.com that shows 91.4% of respondents saying they plan to take a cruise "within the next year," and 34% saying they will cruise within just the next two to four months. The results led the website to opine that "travelers are feeling comfortable in cruising once again and are taking the next steps of researching and booking upcoming voyages."

 

[ZeroDelta]

With DIS closing today at $103 ~ have we seen the bottom several weeks ago with low 90s? There’s a great deal of factors (inflation, recession, Fed semantics, politics, etc.) that make it an interesting time to buy.

Was inside the parks today and do not see the money reinvested into park operations. Premium food is average, grounds/upkeep is neglected, seemingly short staffed, crowded and many guests are aggressive (fights, lashing out, vulgar language.

Some many more issues in parks (flooding ride vehicle, maintenance issues, high prices, etc.) but profits remain strong.

Curious to hear thoughts of the community. Thanks…

 

[wabbott]

https://finance.yahoo.com/news/comcast-revenue-tops-estimates-streaming-110112271.html

Comcast revenue tops estimates as streaming and broadband subscriber growth remain flat
Richard Francis and Helen Coster
Thu, July 28, 2022 at 7:01 AM

July 28 (Reuters) - Comcast Corp's second quarter revenue beat Wall Street estimates on Thursday, lifted by the NBCUniversal media business and a continued recovery in theme park attendance and box office ticket sales.

Broadband subscriber growth remained flat, after declining from the prior year in each of the previous three quarters. The company has attributed that slowdown, in part, to fewer people changing homes. Comcast saw record broadband growth during the beginning of the pandemic.

Comcast's total revenue rose 5.1% to $30.02 billion in the quarter, beating analysts' average estimate of $29.68 billion, according to Refinitiv data.

Revenue in the cable business, which includes broadband, was up 3.7% to $16.6 billion, the same as analysts' estimates.

NBCUniversal revenue increased 18.7% in the quarter, to $9.45 billion, beating Wall Street estimates of $9.02 billion. It was helped by strong performance in NBCUniversal's studios business, driven by box office sales of Universal Pictures’ "Jurassic World: Dominion," as well as attendance at theme parks.

Revenue at the theme parks division grew 64.8% despite the Universal Beijing Resort being shut for most of the quarter following an outbreak of COVID-19 cases in the Chinese capital.

Comcast announced it had 13 million paid subscribers to its Peacock streaming service, the same as last quarter, when Chief Executive Officer Brian Roberts told investors that subscriber gains would be "more modest" until the back half of this year, when more movies and live sports will become available on the service.

NBCUniversal's advertising sales declined 1.3% in the quarter, compared to a year ago when NBC had broadcast rights to National Hockey League games.

Net income attributable to Comcast fell to $3.4 billion, or 76 cents per share, from $3.74 billion, or 80 cents per share, a year earlier.

 

[clarker99]

GDP comes in at -0.9%. Has not seemed to effect futures or the pre-market trading.

 

[wabbott]

https://www.bizjournals.com/orlando...utm_source=sy&utm_medium=nsyp&utm_campaign=yh

Disney's Reedy Creek Improvement District extends some agreements as its future sunset looms
By Richard Bilbao – Digital Producer/Senior Staff Writer, Orlando Business Journal
Jul 28, 2022

The Reedy Creek Improvement District, the governing body overseeing Walt Disney World (NYSE: DIS) in Orlando, is moving forward with business as usual, despite its looming dissolution in 2023.

The district board of supervisors approved power agreement extensions with two major power firms through the end of 2024, during a July 27 meeting.

The two firms, Duke Energy and Florida Municipal Power Agency, represent 90% of the power — the remaining 10% is generated through solar power — provided to Reedy Creek Improvement District and all of its customers including Walt Disney World properties, third-party hotel and retailers and residents in the cities of Bay Lake and Lake Buena Vista.

The agreements will help the district continue to meet the power needs of its customers, John Classe, district administrator of Reedy Creek, told Orlando Business Journal. The agreements with Duke and the Florida Municipal Power Agency date back more than 12 years and three years, respectively.

Classe said the Reedy Creek district provides natural gas to the power companies that, in turn, use that gas to generate power and send it back to the district for use. That power then gets distributed to various customers around the Disney resort and other users.

Executives with Duke Energy and Florida Municipal Power Agency cited long-standing and beneficial relationships, respectively, with Reedy Creek Improvement District in each utility's duty to provide reliable power.

Ryan Dumas, a spokesman with Florida Municipal Power Agency, said the utility will address any impact caused by Reedy Creek's possible dissolution when it happens.

Ana Gibbs, spokeswoman with Duke, said that utility "remains focused on serving the needs of our customers and communities in Central Florida, including Reedy Creek."

Other topics covered at the district meeting include preliminary budget talks and other professional services contracts.

 

[AvidDisReader]

GDP comes in at -0.9%. Has not seemed to effect futures or the pre-market trading.

Not surprising, the original estimates were a 1.6% decrease. So the actual 0.9 decrease is being seen as good news.

 

[OKW Lover]

The two firms, Duke Energy and Florida Municipal Power Agency, represent 90% of the power — the remaining 10% is generated through solar power

Interesting. It seems that reports of the solar power being adequate to run 2 of the parks is grossly overstated.

Classe said the Reedy Creek district provides natural gas to the power companies that, in turn, use that gas to generate power and send it back to the district for use.

I don't understand this at all. Reedy Creek has no natural gas wells on property. Perhaps they have entitlements on gas pipelines serving the area and have sold that entitlement to the power companies?

 

[wabbott]

Florida has an extensive gas pipeline system. Here's a map. I get to hear about gas pipelines all the time from one of my coffee drinking buddies who is retiring from Kinder Morgan today, in fact. He & his wife are meeting us in in WDW on our October trip. They DVC members.

http://www.l-a-k-e.org/blog/d371b4492c3cdc0862559c08388ebc2f-jpg

 

[OKW Lover]

Florida has an extensive gas pipeline system. Here's a map.

Thanks for the map! As I suspected, there are no natural gas wells on RCID property. They must be referring to pipeline capacity.

 

[DeeBee3]

With DIS closing today at $103 ~ have we seen the bottom several weeks ago with low 90s? There’s a great deal of factors (inflation, recession, Fed semantics, politics, etc.) that make it an interesting time to buy.

Was inside the parks today and do not see the money reinvested into park operations. Premium food is average, grounds/upkeep is neglected, seemingly short staffed, crowded and many guests are aggressive (fights, lashing out, vulgar language.

Some many more issues in parks (flooding ride vehicle, maintenance issues, high prices, etc.) but profits remain strong.

Curious to hear thoughts of the community. Thanks…

Don't believe they are at bottom yet, but I do think it will take a while to affect Wall St.
Main St and Wall St are at totally different places right now. It's not going to go well, in my opinion.

 

[wabbott]

https://variety.com/2022/digital/news/roku-q2-2022-earnings-1235328415/

Jul 28, 2022 1:12pm PT
Roku Misses Q2 Estimates as Streaming Hours Dip From Prior Quarter

Roku fell well short of Wall Street financial forecasts for the second quarter — and the streaming platform saw the number of hours streamed by customers drop from Q1.

The company had 63.1 million active accounts as of the end of Q2, adding 1.8 million in the period, beating analyst forecasts. Customers in the quarter streamed 20.7 billion hours, a decrease of 200 million hours from last quarter.

Shares of Roku tumbled more than 25% in after-hours trading on the miss, and following the company’s projection of only 3% top-line growth for the third quarter.

Overall, Roku posted revenue of $764.4 million, up 18%, and a net loss of $112.3 million (or 82 cents per share). Wall Street analyst average estimates pegged Q2 revenue at $805.2 million with a loss of 68 cents per share.

 

[RivShore]

Florida has an extensive gas pipeline system. Here's a map. I get to hear about gas pipelines all the time from one of my coffee drinking buddies who is retiring from Kinder Morgan today, in fact. He & his wife are meeting us in in WDW on our October trip. They DVC members.

http://www.l-a-k-e.org/blog/d371b4492c3cdc0862559c08388ebc2f-jpg

I'm shocked there are so many pipelines in FL, given that so many new neighborhoods around Orlando have no gas service. Don't think I'll ever get used to cooking on electric...

 

[OKW Lover]

I'm shocked there are so many pipelines in FL, given that so many new neighborhoods around Orlando have no gas service. Don't think I'll ever get used to cooking on electric...

While we weren't specifically looking for a house with gas service, it happens that the development we chose to build in does have it. So we have gas for the stove, water heater, pool heater and clothes dryer. Pretty inexpensive.

 

[wabbott]

https://finance.yahoo.com/m/e04fa8ae-0fb4-37be-be64-2fc400df74f4/marvel-studios-box-office.html

Marvel Studios Box-Office Slump Shows Limits of Disney’s Superhero Universe
Robbie Whelan
Fri, July 29, 2022 at 11:10 AM

“Thor: Love and Thunder,” Walt Disney’s latest superhero epic, crushed box-office expectations on its opening weekend, but second-weekend ticket sales fell sharply—pointing to a slump for Marvel Studios, Disney’s most profitable studio.

The movie’s second weekend wasn’t as impressive. Box-office receipts fell 68% to $46.6 million, tying with last year’s “Black Widow” for the steepest second-weekend drop for a Marvel Studios superhero movie, according to film-industry analyst Comscore.

 

[clarker99]

https://finance.yahoo.com/m/e04fa8ae-0fb4-37be-be64-2fc400df74f4/marvel-studios-box-office.html

Marvel Studios Box-Office Slump Shows Limits of Disney’s Superhero Universe
Robbie Whelan
Fri, July 29, 2022 at 11:10 AM

“Thor: Love and Thunder,” Walt Disney’s latest superhero epic, crushed box-office expectations on its opening weekend, but second-weekend ticket sales fell sharply—pointing to a slump for Marvel Studios, Disney’s most profitable studio.

The movie’s second weekend wasn’t as impressive. Box-office receipts fell 68% to $46.6 million, tying with last year’s “Black Widow” for the steepest second-weekend drop for a Marvel Studios superhero movie, according to film-industry analyst Comscore.

On pace to do about $330m domestically.

The lack of China box office is gonna halt this movie in the low $700m range in terms of worldwide box office.

Black Panther was a domestic juggernaut. Will be very interesting how Wakanda Forever does in November.

 

[Disney Bobby]

On pace to do about $330m domestically.

The lack of China box office is gonna halt this movie in the low $700m range in terms of worldwide box office.

Black Panther was a domestic juggernaut. Will be very interesting how Wakanda Forever does in November.

I can't wait to see Wakanda Forever. Hopefully another covid variant won't hamper it.

 

[jade1]

While we weren't specifically looking for a house with gas service, it happens that the development we chose to build in does have it. So we have gas for the stove, water heater, pool heater and clothes dryer. Pretty inexpensive.

Would love to have gas service. Electric pool heater just struggles on cooler nights in "winter".

 

[wabbott]

https://finance.yahoo.com/news/disneyland-raising-food-prices-blame-120047379.html

Disneyland has been raising food prices. Blame inflation
Hugo Martín
Sat, July 30, 2022 at 8:00 AM

Even within the walls of the Happiest Place on Earth, there's no escaping inflation.

Disneyland patrons entering the park are used to enduring regular price increases for daily tickets, annual passes and parking. They've accepted a new fee to skip the lines on the most popular attractions.

And they're having to spend more once they get inside as well, with prices on food and drink items rising by as much as 12% over the last two years.

A mint julep that sold for $4.99 in 2020 now costs $5.49. An Angus beef burger that sold for $14.49 two years ago is now priced at $15.49. A drink called the Tatooine Sunset climbed from $5.49 to $5.99 over the same period.

Some customers have also complained about portions shrinking — something a Disney executive suggested during an earnings report last year might be enacted to help save money, but which the company denies doing.

The price increases come as inflation has hit a four-decade high, spurring the Federal Reserve to raise interest rates aggressively in a bid to quell it.

For Disneyland fans, the added food costs come on top of jumps in ticket prices, up as much as 8% last year, and parking, which soared 20%. The new skip-the-line fee, introduced in December 2021, adds $7 to $20 per ride for those who pay it.

Some say they're fed up.

"I've definitely noticed that the prices are going up, and that the 'price floors,' depending on the dish, are getting higher and higher," said Hastin Zylstra, a longtime theme park fan in Santa Ana.

He was particularly upset at recently paying $12 for a sandwich at the Sonoma Terrace restaurant at Disney California Adventure, with no side dish. "No chips or anything," Zylstra fumed.

Disneyland representatives noted that the resort is dealing with the same economic strains facing grocery stores and restaurants. Food prices nationwide jumped 10.5% in the 12 months that ended in June, according to the U.S. Bureau of Labor Statistics.

 

[New Mouse]

https://finance.yahoo.com/news/disneyland-raising-food-prices-blame-120047379.html

Disneyland has been raising food prices. Blame inflation
Hugo Martín
Sat, July 30, 2022 at 8:00 AM

Even within the walls of the Happiest Place on Earth, there's no escaping inflation.

Disneyland patrons entering the park are used to enduring regular price increases for daily tickets, annual passes and parking. They've accepted a new fee to skip the lines on the most popular attractions.

And they're having to spend more once they get inside as well, with prices on food and drink items rising by as much as 12% over the last two years.

A mint julep that sold for $4.99 in 2020 now costs $5.49. An Angus beef burger that sold for $14.49 two years ago is now priced at $15.49. A drink called the Tatooine Sunset climbed from $5.49 to $5.99 over the same period.

Some customers have also complained about portions shrinking — something a Disney executive suggested during an earnings report last year might be enacted to help save money, but which the company denies doing.

The price increases come as inflation has hit a four-decade high, spurring the Federal Reserve to raise interest rates aggressively in a bid to quell it.

For Disneyland fans, the added food costs come on top of jumps in ticket prices, up as much as 8% last year, and parking, which soared 20%. The new skip-the-line fee, introduced in December 2021, adds $7 to $20 per ride for those who pay it.

Some say they're fed up.

"I've definitely noticed that the prices are going up, and that the 'price floors,' depending on the dish, are getting higher and higher," said Hastin Zylstra, a longtime theme park fan in Santa Ana.

He was particularly upset at recently paying $12 for a sandwich at the Sonoma Terrace restaurant at Disney California Adventure, with no side dish. "No chips or anything," Zylstra fumed.

Disneyland representatives noted that the resort is dealing with the same economic strains facing grocery stores and restaurants. Food prices nationwide jumped 10.5% in the 12 months that ended in June, according to the U.S. Bureau of Labor Statistics.

Facing the same economic strains... as a mom and pop restaurant? I see hiring in the PR department isn't going very well either.

 

[wabbott]

Not really news, but a reminder of dates to watch.

3 Dates for Disney Stock Investors to Circle in August
By Rick Munarriz - Aug 1, 2022 at 10:05AM

Key Points

• "Lightyear" was a dud at the box office, but it gets a second chance at reaching a wider audience through Disney+.
• Disney reports fiscal third-quarter results next Wednesday afternoon. Analysts are holding out for healthy double-digit growth in revenue and net income.
• A new Marvel series hits Disney's popular premium streaming service later this month.