Disney’s Quarter 4 Earnings Call has been broadcasted today.
Disney is reporting to investors worldwide the impact that the global health crisis has had on the company. The company made the decision to close theme parks worldwide for an extended amount of time at the height of the pandemic in March. Disney World and other international parks reopened months ago. However, Disneyland Resort remained closed with no official reopening date.
To some, it seemed like the parks were reaching a reopening date soon. Newsom has released theme park reopening guidelines, which was an indication for some that the park would reopen soon.
During the Financial Earnings Call, Disney stated that “We anticipate Disneyland will remain closed at least through the end of the fiscal first quarter.” This can be approximated to be around New Year’s 2021.
The reopening of Disneyland has been an ongoing battle between California Governor Gavin Newsom, state officials, and Disney.
We’ll continue to report on the Q4 Earnings Call and the impacts they will have on Disney’s future.
Disney expects to spend $1 Billion on health and safety measures in 2021 — read about it here!
Disneyland News
- NEWS: Lamplight Lounge Will Reopen Soon at Disney California Adventure!
- Starbucks is BACK at Disneyland Resort!
- We Found a Mug for Just About Everyone at Disneyland Resort!
- NEWS: Three Restaurants Will Reopen in Disneyland Resort This Weekend
- NEWS! Disneyland Grad Nite is Officially Canceled for 2021
- PHOTOS: Something BIG Was Missing from Disneyland’s Buena Vista Street Today
- PHOTOS: This Iconic Disneyland Resort Statue Got a Glow Up!
- NEWS! California’s Orange County Moves From “Minimal” to “Widespread” Health Category
- NEWS: Disneyland Expected to Remain Closed Through At Least End of 2020
- PHOTOS: We Spotted Disneyland’s ICONIC Red Car Trolley Today!
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