Reported 15 days ago
Disney's theme parks, which have historically driven significant profits, are experiencing a slowdown in consumer demand, evidenced by a 6% drop in domestic operating income in their latest earnings report. Analysts are divided on whether this decline is a temporary reaction to inflation and price hikes or a sign of deeper issues, especially as Disney continues to invest heavily in its parks, aiming to enhance customer experiences amidst rising costs and competition.
Source: YAHOO