Iger’s Comment on the Potential Future Outlook for Disney Cruise Line from TWDC’s Q1 FY2024 Earnings Results Q&A • The Disney Cruise Line Blog

Iger’s Comment on the Potential Future Outlook for Disney Cruise Line from TWDC’s Q1 FY2024 Earnings Results Q&A • The Disney Cruise Line Blog

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Throughout this week’s earnings results webcast, a caller requested concerning the incremental capability on the parks and points of interest, particularly about timing and site of such initiatives. Bob Iger replied with the next assertion which particularly referenced Disney Cruise Line.

I’ll take the primary one on parks, timing, and site, you realize, we’re already exhausting at work at mainly figuring out the place we’re going to position our new investments and what they are going to be.

You’ll be able to just about conclude that they’ll be throughout, which means each single certainly one of our areas would be the beneficiary of elevated funding and, thus, elevated capability, together with on the excessive seas, the place we’re presently constructing three extra ships.

And in a enterprise that’s clearly extraordinarily optimistic to us, we could look expansively, not less than within the subsequent decade in that route.

I’m not going to actually provide you with way more of a way of timing, besides that, you realize, we’re exhausting at work at getting these items, you realize, mainly conceived and constructed.

And we’ve acquired a menu of issues that can mainly begin opening in ’25, and there’ll be a cadence yearly of extra, mainly extra funding and elevated capability.

Beforehand within the earnings end result webcast, Hugh Johnson, the Chief Monetary Officer for The Walt Disney Firm said, “Report-setting outcomes this quarter had been primarily pushed by our efficiency at Shanghai and Hong Kong theme parks, continued power at Disney Cruise Line, and the success of Marvel’s Spider-Man 2 at our video games enterprise.”

On the floor, Iger referenced the three new builds: Disney Treasure, Disney Journey, and the third Want Class vessel. Then, continued what I imagine is a reference to the cruise line and a touch at an additional fleet growth within the subsequent decade past the three ships presently introduced.

And in a enterprise that’s clearly extraordinarily optimistic to us, we could look expansively, not less than within the subsequent decade in that route.

Sooner or later, there’ll probably be new builds introduced to ultimately take over and broaden on the present stock supplied by the Disney Magic and Disney Marvel that are presently of their twenty fifth and twenty fourth years of providers respectively.

Did I take Iger’s assertion out of context? Possibly, possibly not. Solely time will inform, however I needed to place this out as one thing to regulate. What do you suppose?

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Alex Lorel

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