k5xs
DIS Veteran
- Joined
- Oct 11, 2007
Disney lost A LOT of money during Covid, and even when they reopened I read they were still losing money as a whole, but they were losing less being open than closed. For that reason, I think it was very understandable to reduce expenses, and that includes dropping some of the training and attention to detail to differentiate themselves, and then when they saw people were still willing to pay, they didn't have a lot of incentive to raise their costs, even if it would improve the park experience for guests and they could now afford to do so.
For the quarter ending January 1, 2022, Disney Parks, Experiences and Products revenue grew from $3.5 billion in 2021 to $7.2 billion in 2022.
Profits increased from a loss of $0.1 billion in 2021 to a profit of $2.4 billion in 2022.;
$2.4 billion profit. With a "b."