MAJOR HIT: Disney facing massive revenue loss due to Hurricane Ian
for Wednesday and Thursday as the storm makes its way across Florida. That leaves some wondering how much the company may lose in revenue as a result.
"In fiscal 2022's first quarter, Disney's parks, experiences, and products revenue was $7.234 billion. Over 90 days, that works out to about $80.38 million per day," Market Realist reports. Last month, The New York Times reported the company had a strong demand for theme-park vacations, despite economists' worries about an inflation-led downturn in consumer spending. as informal barometers of consumer confidence. Historically, when budgets get tight, families cut back on trips to Disney World in Florida and Disneyland in California. That does not appear to be happening: Disney Parks, Experiences and Products reported quarterly revenue of $7.4 billion, up from $4.
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