Jun. 20 at 5:28 PM
$DIS plans
$60B expansion — can theme parks drive growth? 🎢
Disney's massive investment, with 70% aimed at parks and cruises, includes a new Disneyland in Abu Dhabi and expansions in California. With 150M annual visitors, the parks boost revenues, which rose 5.9% in Q2 YoY for the Experience segment to
$8.89B. Experiences operating income is forecasted to grow 6%-8% for FY2025.
Discover the full strategy here 👉 https://www.zacks.com/commentary/2520510/disney-focuses-on-expanding-theme-park-business-can-the-plan-deliver?cid=sm-stocktwits-2-2520510-body-7&ADID=SYND_STOCKTWITS_TWEET_2_2520510_BODY_7