The big crowds we’ve been seeing in Disney World recently might indicate that The Walt Disney Company has been doing “okay” financially from a parks perspective, but dropping stock numbers could show a different picture. Now we’ve got a much better idea of where things stand as Disney has released their quarterly earnings report for the second quarter of fiscal year 2022.
The Earnings Report for the Second Quarter of Fiscal Year 2022 covers some early months in 2022, ending on April 2nd, 2022. These early months had some pretty major events for Disney. We saw restaurants reopen in the parks, the release of a popular Marvel show on Disney+, a couple of big announcements about ongoing projects, and more. So how are the parks, Disney+, and other aspects of the company REALLY doing? Let’s see the numbers. [Read more…]