Disney Q4 Earnings

[The Prophet]

In case anyone missed it, Disney reported earnings yesterday. The highlights are below

https://www.disneyfoodblog.com/2021/11/11/7-big-updates-you-missed-from-disneys-earnings-call/
Be prepared for some more cost-cutting -- See #6

 

[hhisc16]

And the stocks dropped after this news...

 

[kilik64]

Someone at DFB needs to learn the difference between million and billion.

D+ seems to maybe be hitting its market saturation, or at very least its mature growth phase where its still growing but not by large numbers each qtr.

 

[The Prophet]

And the stocks dropped after this news...

The market (as usual) is over-reacting.

 

[AvidDisReader]

It should be noted that D+ is still not available in many countries. So I would be a little hesitant to say Disney has reached in concentration level.

 

[hhisc16]

It should be noted that D+ is still not available in many countries. So I would be a little hesitant to say Disney has reached in concentration level.

D+ just opened today in two Asian countries. I am curious to see how that plays with new subscribers.

 

[TiggerBouncy]

It should be noted that D+ is still not available in many countries. So I would be a little hesitant to say Disney has reached in concentration level.

Indeed. Their goal was only 230+M by the end of 2024. They are 2 years into a 5 year growth plan and at 120M and still have a number of countries to roll into. They were only 1M under projections.

 

[mlayton14]

Indeed. Their goal was only 230+M by the end of 2024. They are 2 years into a 5 year growth plan and at 120M and still have a number of countries to roll into. They were only 1M under projections.

dont lose sight of the revenue per subscriber - signing up 20 million foreign subscribers but at $5 ((or less) instead of $10 per person in the USA is an ongoing concern - plus the demographic they are targeting isn’t as broad as Netflix

 

[spudnik99]

Gotta love this quote: McCarthy said there’s a lot of things “worth talking about. We can adjust suppliers. We can substitute products. We can cut portion size, which is probably good for some people’s waistlines." Someone should start a Disney Fatties Blog, it could include stuff like food hacks, oh wait....