Bob Chapek Admits Walt Disney World Attendance Lower Than Expected, Revenue is Exceeding Costs Though

Bob Chapek Admits Walt Disney World Attendance Lower Than Expected, Revenue is Exceeding Costs Though

It’s been a long four months of furloughs, unprecedented closures, and project cancellations, thanks to the turbulent effects of COVID-19, and today, as scheduled at the end of every fiscal quarter, The Walt Disney Company presented its third-quarter earnings report to its investors and the public. As expected, results were bleak, with a historic $2 billion reported in revenue loss from the company’s Parks, Experiences and Products division. The company’s third quarter runs from April through June. With a meager May reopening for […]

The post Bob Chapek Admits Walt Disney World Attendance Lower Than Expected, Revenue is Exceeding Costs Though appeared first on WDW News Today.

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