Disney Says Theme Park Headwinds From Epic Universe Are Easing

Overview

• Disney executives, speaking on Wednesday's Q2 FY26 earnings call, said international and Epic Universe effects should ease in coming quarters.
• The company reported a 1% drop in domestic attendance for Q2, though it said the figure would have risen without weaker international visitation.
• Pre-opening costs for World of Frozen and Disney Adventure reduced operating income in Q2 despite a 7% rise in Experiences revenue.
• Executives described forward bookings as very encouraging with Walt Disney World reservations pacing up strongly.
• Disney highlighted an aggressive buildout, including plans to grow Disney Cruise Line to 13 ships by 2031, as coverage notes more visitors are splitting trips between Disney and Universal.