The portion of the park dedicated to the “Toy Story” films, will open to guests at Disney’s Hollywood Studios June 30, 2018.
When it opens, guests visiting Toy Story Land will “shrink” to the size of a toy and join in on the fun Woody, Jessie, Buzz, and Andy’s other beloved toys are having in Andy’s backyard. Here, guests can take a ride on Slinky Dog Dash, a roller coaster Andy has assembled from his Mega Coaster Play Kit and topped off with Slinky and Jessie. (Check out the time-lapse video above of one of Slinky Dog Dash’s first test runs).
We believe that this will be a big attraction. Park revenues had been strong in 2017, although Q4 was mixed.
When we consider the fiscal Q1 earnings report, where it beat profit expectations easily but missed on revenues, we see that there was flat performance, with the exception of its parks business.
Parks & Resorts revenues jumped 13%, and operating income in the segment rose 21%,more than making up for declines in other businesses. Overall revenues were up 4% and operating income up 1%. in Q4.
EPS on a GAAP basis rose 88% to $2.91, but excluding a $1.6B one-time benefit due to tax legislation, EPS rose 22% to $1.89.
Revenue by segment: Media Networks, $6.24B (flat); Parks and resorts, $5.15B (up 13%); Studio Entertainment, $2.5B (down 1%); Consumer Products & Interactive Media, $1.45B (down 2%).
Operating income by segment: Media Networks, $1.19B (down 12%); Parks and Resorts, $1.35B (up 21%); Studio Entertainment, $829M (down 2%); Consumer Products & Interactive Media, $617M (down 4%).
We believe this new attraction, will be a success. Guests can also walk through a new carnival game box to experience Toy Story Mania!, which has been a guest-favorite attraction at the park since it opened in 2008. Now expanded with a third track, the popular attraction will put even more guests in the action taking aim at 3D objects – using everything from baseballs to cream pies – in a variety of whimsical, fast-paced games.Woody’s Lunch Box – actually, Andy’s lunch box that he’s set on its side – will serve up tasty meals and old-fashioned soda floats from a walk-up window setting. The entire land will serve as a visual celebration of toys, with Crayons, Cooties, Green Army Men, Rubik’s Cubes, Tinkertoys, and other familiar toys and game pieces incorporated into the land’s design.