FYI...
walt-disney-company-webcast
https://finance.yahoo.com/news/walt-disney-company-webcast-annual-180000287.html
walt-disney-company-webcast
https://finance.yahoo.com/news/walt-disney-company-webcast-annual-180000287.html
2nd best parks quarter ever - just incredible!
But how long will will the increased earnings continue with the skyrocketing cost of gasoline?2nd best parks quarter ever - just incredible!
Very good question! Gas is skyrocketing while inflation runs rampant everywhere else. Could very well lead to the dreaded stagflation, then we are all in trouble.But how long will will the increased earnings continue with the skyrocketing cost of gasoline?
I am not sure the price of a gallon of gas is going to matter to much to people driving 1000 miles or less.
If a car getting 25 miles to the gallon at $5.00 dollars a gallon, that equals around $200 dollars each way.
Compare that to what it cost to visit Disney even if you are staying off property it is not that much.
It is still an added cost however if you think about it gas at $2.50 a gallon before the big increases the total increase is only $100. dollars each way.
Still in my opinion not very much for a drive to Disney.
Now if gas goes way above $5.00 dollars a gallon all bets are off.
All very true when applying logic and math to the issue! But gas prices are a different animal in the public's eye and they have a much bigger psychological impact on people and their spending than the real dollars would indicate. It's something about that price that you see in big lights literally every time you leave your house. And then there is the ugly history of oil price spikes preceding all of the recent recessions - there is much debate on how responsible they are for those recessions.
I think that the price of gas doesn't only affect customers at the tank, Disney will either have to increase prices or decrease earnings. Think about it, gas going up means that the cost to produce anything is going to go up as well, a small example would be a Mickey Plush. It is going to have a higher cost of energy to manufacture it, on top of that shipping costs are going to go up as a result as well, both of those costs will be passed onto Disney and they will need to make a decision if they are going to pass the cost onto their customers or eat the losses.I am not sure the price of a gallon of gas is going to matter to much to people driving 1000 miles or less.
If a car getting 25 miles to the gallon at $5.00 dollars a gallon, that equals around $200 dollars each way.
Compare that to what it cost to visit Disney even if you are staying off property it is not that much.
It is still an added cost however if you think about it gas at $2.50 a gallon before the big increases the total increase is only $100. dollars each way.
Still in my opinion not very much for a drive to Disney.
Now if gas goes way above $5.00 dollars a gallon all bets are off.
I think that the price of gas doesn't only affect customers at the tank, Disney will either have to increase prices or decrease earnings. Think about it, gas going up means that the cost to produce anything is going to go up as well, a small example would be a Mickey Plush. It is going to have a higher cost of energy to manufacture it, on top of that shipping costs are going to go up as a result as well, both of those costs will be passed onto Disney and they will need to make a decision if they are going to pass the cost onto their customers or eat the losses.
It's been said that anything you pay for has "Gas" somewhere in it, so expect pricing to increase everywhere
We should refrain from this turning into an argument about corporate greed, all public companies answer to their stock holders and are expected to make as large a profit as they can.
It is up to the consumer not to do business with companies they do not agree with.
After buying 5 shares in Oct at 170 and watching the [INSERT COMPANY NAME HERE] tank since then, I was willing to take a loss at 155 on 4 shares. (Kept one share to be a shareholder at least.)After buying 5 shares in Oct at 170 and watching the DIS tank since then, I was willing to take a loss at 155 on 4 shares. (Kept one share to be a shareholder at least.)
What a mess.
After buying 5 shares in Oct at 170 and watching the [INSERT COMPANY NAME HERE] tank since then, I was willing to take a loss at 155 on 4 shares. (Kept one share to be a shareholder at least.)
What a mess.
i think i fixed it for you haha, the market is in turmoil, it will come back haha
Generally investors are in it for the long term gains. Not a quick flip.After buying 5 shares in Oct at 170 and watching the DIS tank since then, I was willing to take a loss at 155 on 4 shares. (Kept one share to be a shareholder at least.)
What a mess.
They just had one of their best earning reports, so I think that narrative is a little overplayed. They’re doing just fineDisney was in worse turmoil than your average company.
They just had one of their best earning reports, so I think that narrative is a little overplayed. They’re doing just fine
If Disney is just fine, why have they not started paying a dividend again? I would be very careful buying Disney stock right now.They just had one of their best earning reports, so I think that narrative is a little overplayed. They’re doing just fine
If Disney is just fine, why have they not started paying a dividend again? I would be very careful buying Disney stock right now.