Walt Disney chief financial officer Christine McCarthy said the company could record a $350 million squeeze on operating income in the current quarter - it's fiscal third — from its Hong Kong and Shanghai theme parks, tempering the parks division's upbeat narrative a bit. Hong Kong Disneyland has ping-ponged and just reopened again on April […]
Disney Sees $350M Profit Hit From Hong Kong, Shanghai Theme Parks In Current Quarter
Deadline - 12 May 2022 01:11
Walt Disney chief financial officer Christine McCarthy said the company could record a $350 million squeeze on operating income in the current quarter - it's fiscal third — from its Hong Kong and Shanghai theme parks, tempering the parks division's upbeat narrative a bit. Hong Kong Disneyland has ping-ponged and just reopened again on April […]
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