4.4 • 3K Ratings
🗓️ 7 May 2025
⏱️ 31 minutes
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0:00.0 | Today, we're looking at two kinds of rides, roller coasters and robo taxis. |
0:08.9 | You're listening to Motley Full Money. |
0:13.7 | I'm Mary Long, joined on this Wednesday morning by Mr. David Meyer. |
0:17.4 | David, how's it going? |
0:18.3 | Good to see you. |
0:19.3 | It's going great. |
0:20.2 | It's great to see you, too. |
0:22.1 | So we will kick things off today with a trip to Disneyland. Shares of the company were up |
0:27.4 | almost 11% last I checked this morning, as they reported faster than expected growth, particularly |
0:33.2 | in its parks and streaming business. I want to focus on the theme parks piece of this to kick us off |
0:39.0 | because that is a substantial part of the business. It makes up more than 50% of Disney's operating |
0:44.8 | income. And, you know, if you just listen to financial media, you'd get the impression that |
0:50.1 | folks were tightening their hold on their wallets and really bracing for an economic downturn. |
0:54.3 | But you look at the parks business at Disney, and they saw an increase in visitors to their |
1:00.5 | California and Florida parks. Guest spending at those parks also increased. Interestingly, |
1:05.9 | you see different trends at the domestic resorts versus international ones like Shanghai and |
1:09.7 | Hong Kong. Those international resorts saw lower attendance. |
1:13.1 | But again, why are we seeing such a burst in interest and attendance and spending at these |
1:19.5 | domestic parks? |
1:20.4 | What do you think is bringing people out there? |
1:22.1 | And considering all the uncertainty in the macro environment, do you expect that trend to continue? |
1:28.8 | My goodness, that's like 16 questions there, but no, I'm only teasing. |
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