During the earning call yesterday, Chapek said they expect parks to be at capacity (whatever that capacity happens to be) for a long time due to pent up demand. I seriously doubt there will be any great offers anytime the rest of 2020 at a minimum.
That is what they call in the investing world a forward looking statement. It essentially means they can say anything.
https://thewaltdisneycompany.com/app/uploads/2020/05/q2-fy20-earnings.pdf
Certain statements and information in this communication may be deemed to be
“forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995, including statements such as business positioning or prospects, estimates and timing of expense and other statements that are not historical in nature. These statements are made on the basis of management’s views and assumptions regarding future events and business performance as of the time the statements are made. Management does not undertake any obligation to update these statements.
Actual results may differ materially from those expressed or implied. Such differences may result from actions taken by the Company, including restructuring or strategic initiatives (including capital investments, asset acquisitions or dispositions, integration initiatives and timing of synergy realization) or other business decisions, as well as from developments beyond the Company’s control, including:
•
changes in domestic and global economic conditions, competitive conditions and consumer preferences;
• adverse weather conditions or natural disasters;
•
health concerns;
• international, regulatory, political, or military developments;
• technological developments; and
•
labor markets and activities;
each such risk includes the impacts of, and is amplified by, COVID-19 and related mitigation efforts.
Such developments may affect entertainment, travel and leisure businesses generally and may, among other things, affect:
• the performance of the Company’s theatrical and home entertainment releases;
• the advertising market for broadcast and cable television programming;
•
demand for our products and services;
• construction;
• expenses of providing medical and pension benefits;
• income tax expense;
• performance of some or all company businesses either directly or through their impact on those who distribute our products; and
• achievement of anticipated benefits of the TFCF transaction.