DIS - 3 Ways Disney World Is Looking to Bag Big Gains This Summer
2024-06-26 08:15:00 ET
It's summertime, and this is a special time for Walt Disney (NYSE: DIS) and its domestic theme-parks business. Its gated attractions are open year-round, unlike smaller regional amusement-park operators with only seasonal availability, but turnstile clicks tend to surge when school is out. There's a lot of time to visit Disneyland or Disney World this time of year.
Turning specifically to its massive resort in Florida, Disney has some new tricks up its sleeve to make a potentially strong summer even more financially potent. Two updated attractions at its most visited theme park and an upgrade to its premium program for expedited queues may provide a spark for the world's largest theme-park company.
Disney can use the spark. It braced investors for flat operating income for its theme parks-helmed experiences segment in the fiscal third quarter that ends next week, based on a few factors including higher wage expenses and the timing of the Easter holiday. Disney will need a summertime boost to close out the fiscal year on a strong note, and three new rollouts at Disney World can help its chances.
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3 Ways Disney World Is Looking to Bag Big Gains This Summer