A new cake shop, located at Disney's Florida theme park, is opening this fall and is being criticized for its high prices, with fans calling the cost of some food items "obscene" and "offensive." The Cake Bake Shop by Gwendolyn Rogers on the BoardWalk at Disney World in Orlando is set to open on a not yet disclosed date later this year after replacing the ESPN Club, which closed in 2020 amid the COVID-19 pandemic, but Disney fans are criticizing the shop's menu prices ahead of its opening."These prices are ...

Disney's original theme park resort announced higher ticket prices this week. It's not as bad as you think.Walt Disney's (DIS -0.20%) domestic theme parks are dealing with windstorms on both coasts this week. The situation in Florida is making national headlines. Disney World -- as well as the area's other popular gated attractions -- closed on Thursday in the aftermath of Hurricane Milton slicing through the state overnight. Disney's iconic Florida parks closed early on Wednesday afternoon ahead of the cat ...

The Walt Disney Company is hiking the prices of tickets for admission to its two Southern California theme parks by about 6% on the busiest days.Weekends and holidays, which are the highest volume days in terms of visitors to Disneyland and California Adventure, will be hiked 6.2% from $194 to $206 a day effective immediately, the company announced on Wednesday.Anyone looking to hop between the two parks will need to fork over another $65, which remains unchanged. 3 Weekends and holidays, which are the hi ...

As we approach the end of 2024, investors are closely scrutinizing Disney (DIS) and weighing their options. With its stock trading at a 2-year forward price-to-sales (P/S) multiple of 1.77, compared to the Zacks Media Conglomerates industry average of 1.07X, many are wondering whether Disney represents a buying opportunity or is a stock to sell or hold.Disney's premium valuation relative to its peers reflects the market's continued faith in the company's brand power and diverse revenue streams. However, thi ...

Stock Performance - The Walt Disney Co experienced a quick gain of around 10% in late October 2022, which was later surrendered before a near 17% gain into April 2024 [1] Analyst Background - The analyst is an active trader with over 15 years of market experience in stocks, FX, crypto, and commodities [1] - The analyst holds a master's degree in finance and combines microeconomic studies of company financials with a macroeconomic view [1] Analyst Position - The analyst holds a beneficial long position in The Walt Disney Co through stock ownership, options, or other derivatives [1]

Disney lost nearly $300m on just two movies in 2023 © 2023 MARVEL.Courtesy of Marvel StudiosDisney made an estimated $296.4 million loss at the box office on just two of its Marvel superhero movies in 2023 according to analysis of recently-released financial statements.They reveal that the cost of making The Marvels and Ant-Man and the Wasp: Quantumania came to a staggering $762.4 million (£609.3 million) before Disney banked $124.9 million (£99.4 million) in government incentives bringing its net spending ...

An iconic film series is going from one plus to another, and that's a negative. Fans of Indiana Jones had a rude awakening on Walt Disney's (DIS -0.18%) flagship streaming service earlier this week. The first four of the five films in the iconic movie series were removed from Disney+ on Tuesday. They're now only available on Parmamount Global's (PARA -0.81%) Paramount+ platform. Movies and shows come and go, and studio rival Paramount was and continues to be the distributor of the four classic movies. Howev ...

Disney is cutting some big names in preparation for launching ESPN over the top. ESPN is laying off some high-profile personalities, continuing a long trend of talent leaving the company. But for Disney's (DIS -0.35%) long-term growth strategy, this makes a lot of sense. Travis Hoium covers exactly why in this video. *Stock prices used were end-of-day prices of Oct. 1, 2024. The video was published on Oct. 3, 2024. ...

The powerful entertainment company continues to get a thumbs-up from a top U.S. bank. As volatile as the entertainment industry it stands on top of, Walt Disney (DIS -0.41%) has been quite the upand-down stock so far in 2024. It seems there are just as many passionate believers in The House of Mouse as detractors who feel it's not what it's cracked up to be. Analyst Philip Cusick of JPMorgan Chase tilts more toward the former category. He recently reiterated his bullish take on Disney's future. Is this view ...

In the latest market close, Walt Disney (DIS) reached $94.15, with a +0.11% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.01%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.08%. Heading into today, shares of the entertainment company had gained 5.52% over the past month, outpacing the Consumer Discretionary sector's gain of 3.93% and the S&P 500's gain of 1.21% in that time. Analysts and investors alike will be keeping a close eye on the perfo ...