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