Will Disney's Parks Ever Be Important Again?
Once upon a time, Disney's (NYSE: DIS) parks and experiences segment was its main revenue driver. But life these days is far from a fairy tale, and with some parks having closed for more than a year and all of them still operating at limited capacity, Disney's top line is suffering.
The good news is that third-quarter park sales were triple the 2020 number. The bad news is that that's still two-thirds of the 2019 number. But even when they do get to full functioning, they may never be as important as they were pre-pandemic. Let's see why, and whether it matters.
Image source: Getty Images.
Source Fool.com
