Disney risks $1.5 billion revenue if US parks close 30 days: analysts - Business Insider

Disney is taking the rare step of closing its Disneyland parks through the end of March due to the coronavirus pandemic, the company announced on March 12.

So far, Disney has said it will close Disneyland's two parks from March 14 to 31, and the parks' resort starting on the March 16.

"With profitability for US parks being much higher [than those in Asia], we looked at the impact of prior hurricane-related closures for Disney World to assess the impact," the note said.

I bet it is all coming out of Goofys pocket anyway.

SAI Thank you Disney for paying attention to the world and not chancing the spread of the virus. MLB, NBA, NCAA,

people dont really anymore how much profit companies are losing if it saves LIVES

Waiter, I’d like a piña colada please -Bob Iger

SAI Or else you loose more.

That’s pocket change

SAI The crowds will come back. People will just postpone.

And what is risk of not closing..

Im sure they got the money

Make another Avengers movie.

Disney will be ok.

People’s health are more important!

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fed to pump more than $1 trillion in dramatic ramping up of market interventionFed to pump more than $500 billion into short-term bank funding, expand types of security purchases Markets over lives, once again. Nice priorities, Republicans. and even more worthless dollars in the pockets If this attempt fails, & I feel it will within a cpl days, we’re doomed into a prolonged recession, several months to yrs.
Source: CNBC - 🏆 12. / 72 Read more »