$DIS Fiscal Q4 Preview: Theme Parks and Cash in Focus
Now that the bad news about the high-growth streaming business is out of the way, how did Disney’s core theme parks fare during the most recent quarter?
However, attendance remains below 2019 levels, and that likely persisted last quarter. It’s unclear what the capacity at the parks was during the quarter and whether the Delta variant had a meaningful impact on attendance over the summer. According to The health crisis is still very real, and the company is forced to comply with local restriction and protocols when it comes to COVID. The financial impact of unexpected closures may not be debilitating if they happen sporadically, but the many uncertainties caused by the pandemic continue to weigh on operations.
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