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Disney warns the Hong Kong protests could slam its operating profit with a $275 million hit

Business Insider Friday, 8 November 2019 ()
Disney warns the Hong Kong protests could slam its operating profit with a $275 million hit· *Disney cautioned investors on its fourth-quarter earnings call that the Hong Kong protests could cost the company $275 million in operating profit next year. *
· *The media conglomerate is projecting operating income will fall $80 million at Hong Kong Disneyland during the first quarter of 2020 alone. *
· *The warning...
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Credit: Veuer - Published < > Embed
News video: Hong Kong Protests Causing Profit Loss at Disney Theme Park

Hong Kong Protests Causing Profit Loss at Disney Theme Park 00:49

Hong Kong protests have been causing Hong Kong Disneyland to lose money. Veuer’s Natasha Abellard has the story.

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