Walt Disney Company Quarter 2 Earnings Report 2020

[CastAStone]

With SDL opening on May 11, I wonder what that means for HKDL, given the special "shoutout" it got during the call. I'd imagine they want it to open ASAP with the already lagging attendance it was. experiencing.

HKDL has an entirely separate set of issues that were hurting it's attendance prior to COVID. I think they are in less of a hurry there.

 

[SwirlTheCitrus]

Is the call over?

 

[rteetz]

Disney falling to under 100 in after hours trading.

 

[rteetz]

Is the call over?

No

 

[PCFriar80]

Everyone is cutting dividends. But that should send the stock lower.

Really? IBM , Proctor & Gamble, Pepsi, Apple and Johnson & Johnson all raised theirs last month.

 

[craigkerstiens]

54.5m Disney+ subscribers as of May 4

 

[RamblingMad]

Is the call over?

No. I’m waiting for the Q&A.

 

[CastAStone]

Disney+ got 175K signups a day since the last update.

 

[dina444444]

HKDL has an entirely separate set of issues that were hurting it's attendance prior to COVID. I think they are in less of a hurry there.

Agreed. I'm wondering if we could see a spike in attendance going forward from people wanting something to do.

 

[SaintsManiac]

Hard to imagine what this would be like if Disney+ didn't exist.

 

[DebbieB]

Shanghai reopening does not equal an increased timeline in opening other parks and resorts.

Can they pull it together in 27 days? if not, they need to let people with 6/1 reservations know (including me).

 

[CastAStone]

Really? IBM , Proctor & Gamble, Pepsi, Apple and Johnson & Johnson all raised theirs last month.

Six Flags and Cedar Fair who TWDC competes with in Parks and Resorts both suspended theirs.

 

[xuxa777]

If Disney+ wasn't pulling record numbers with the stay at home orders they would have a serious problem

 

[Pickle Rick]

Q&A going to start.

 

[rteetz]

Can they pull it together in 27 days? if not, they need to let people with 6/1 reservations know (including me).

Its not about if they can, its about if its safe to do so and if guidelines will allow.

 

[OnceUponATime15]

Back to Lowell for Q&A

 

[rteetz]

Parks question first, regarding cash burn of the parks being closed.

 

[pangyal]

Can I just take a moment to thank everyone who is contributing to the information being posted on this thread? It’s so very much appreciated

 

[CastAStone]

Hard to imagine what this would be like if Disney+ didn't exist.

Netflix would still be sending them dump trucks of cash so they honestly would probably be in a little better shape short term, although the D+ Subscriber numbers are going to keep the stock price up.

 

[J-BOY]

Really? IBM , Proctor & Gamble, Pepsi, Apple and Johnson & Johnson all raised theirs last month.

Those companies aren't comparable to Disney in just about any way.