Disney to Post Earnings after the Closing Bell Today

[BWV Dreamin]

http://www.cnbc.com/id/24485892 Here's the link on some talk on Disney's earnings report after the closing bell. I think they will also be commenting on the DVC resorts expansion as well.

 

[keishashadow]

they referenced this on The Today Show today during financial spot

curious to see how our stock performed and whether their might be any "announcements re new development "

 

[Starr W.]

Most everyone on Wall St. is going to be looking at theme park attendance. As they will think this will give them some insight into seeing if the consumer is cutting back.

Don't know the timeframe of the numbers being announced, so I don't know if it will cover last month(which was reported on here to be rather busy).

 

[bgraham34]

I bet the earning will be strong. Next years at this time I think it will be a different story.

 

[Brian Noble]

What quarter are they announcing? If it ends in march, theme park attendance will be stronger than last year, gauranteed, becauase Easter moved from Q2 07 into Q1 08.

Cedar Fair and Six Flags have already announced Q1, and both had higher attendance. Because of the Easter move, though, it's not clear if it means anything.

What *might* matter is if the per-capita numbers change.

 

[BWV Dreamin]

What quarter are they announcing? If it ends in march, theme park attendance will be stronger than last year, gauranteed, becauase Easter moved from Q2 07 into Q1 08.

Cedar Fair and Six Flags have already announced Q1, and both had higher attendance. Because of the Easter move, though, it's not clear if it means anything.

What *might* matter is if the per-capita numbers change.

It's the quarter the "writer strike" will impact. Q1?

 

[PutnamDS]

AMAZING!

DOW JONES NEWSWIRES
Walt Disney Co.'s (DIS) fiscal second-quarter net income jumped 22%, led by strong growth in the media-networks, studio entertainment, and parks and resorts divisions.

 

[Tinkerdreams]

From reading the boards and everyone's trip reports, I don't think the recession has any impact on Disney park attendance. The parks are packed from what I've read and with KT coming up this year, Disney's revenues are going to be good for a while. Recession? What recession?

 

[DISNEY FIX]

Wow I wonder how much of that was from the stroller increase.

Not funny.

 

[DisDaydreamer]

AMAZING!

DOW JONES NEWSWIRES
Walt Disney Co.'s (DIS) fiscal second-quarter net income jumped 22%, led by strong growth in the media-networks, studio entertainment, and parks and resorts divisions.

That's promising.... here's to hoping it continues. I have 1000 shares that are still 10% below my purchase price 8 years ago. Anything else I would have moved into something else, but no... I have a heart string attached to them. Technically they are DW's, but I am kind of her broker.

 

[DisDaydreamer]

Wow I wonder how much of that was from the stroller increase.

Not funny.

You made me smile though.

My kids are grown so my child rearing costs are big kid costs now.

 

[Starr W.]

Bob Iger will be on CNBC's Squawk on the Street shortly.

Update: Thanks to the increase in international visitors(weak dollar) and the value and moderate price lodging options that WDW didn't have in the early 90's Iger believes they are better situated to handle any economic slowdown.

 

[keishashadow]

You made me smile though.

My kids are grown so my child rearing costs are big kid costs now.

it evens out in souvie purchases

nice to see the profit, evidently; peeps are still holding onto the Disney trip they may have had planned (and paid or saved for) a year ago

wonder if the trend will hold after the summer rush

 

[BWV Dreamin]

Bob Iger will be on CNBC's Squawk on the Street shortly.

Update: Thanks to the increase in international visitors(weak dollar) and the value and moderate price lodging options that WDW didn't have in the early 90's Iger believes they are better situated to handle any economic slowdown.

Did they mention anything about continued resort expansions?

 

[BWV Dreamin]

That's promising.... here's to hoping it continues. I have 1000 shares that are still 10% below my purchase price 8 years ago. Anything else I would have moved into something else, but no... I have a heart string attached to them. Technically they are DW's, but I am kind of her broker.

Hold those shares Rob....I think Disney has positioned itself to explode once the economy turns around.

 

[Starr W.]

Did they mention anything about continued resort expansions?

No they went on to "media" talk, internet, Disney "franchises" Hannah Montana etc.

 

[Starr W.]

wonder if the trend will hold after the summer rush

Vague statements about the rest of 08 bookings. They said something about being slightly ahead of 07 but I don't know if that's through the summer season or end of the year.

 

[Greg K.]

From today's WSJ:

Iger sez...

"75% of our hotel product is 'moderately priced' or 'value priced.' In 1991, over 55% of the rooms were considered 'premium priced.' Our portfolio of rooms is more accessible." He added: "We are much better positioned in a difficult economic cycle than we were in the past, and certainly more than in 1991."

 

[rinkwide]

Iger sez...

That reminds me of a fun game we learned at the Disney shareholder's meeting:

Iger sez: Get out your wallet.
Iger sez: Take out your cash.
Iger sez: Hand over your credit card.
He sez: Put away your wallet.

Aah, ah, ah -- Iger didn't say!

 

[keishashadow]

Vague statements about the rest of 08 bookings. They said something about being slightly ahead of 07 but I don't know if that's through the summer season or end of the year.

free dining, bounceback & 40% off pin code promos seem to be very popular; along with the ever expanding array of dates special tix'd events (MNSSHP/MVMCP)

know of 3 people that have received the pin code, lucky ducks.

even with the new, higher price structure on the weekends; the dates i priced out in Oct @ CR & Poly were limited months ago and no AAA rates available

was wondering if the "dumbed down" DP will also hinder repeat bookings of the packages?