Dafinchi
We greenlight projects that really are driven by 2 things: number one, attractive returns on the projects; and number two, they bring value to the guest experience.
1mo
Josh D’Amaro
CEO, The Walt Disney Company
Context
In Q&A on parks capital spending and ROIC timing, management described the criteria for approving projects. When asked whether ROICs decline as Disney spends more on parks, Hugh emphasized how the company evaluates projects. The answer highlighted that approvals are driven by both financial return expectations and guest-experience value. Management also tied Q3’s guest growth and segment margin increase to seeing impact from those projects.