The company reported a 44% decrease in revenue in its parks division in the second quarter of 2021 as compared with the same period in 2020, with an operating loss of $406 million, down $1.2 billion from the same period a year ago. Until June 15, Disneyland is only open to California residents visiting in groups of three households or fewer. As guidance has continued to evolve, we  with the support of health and government officials  will be making more gradual adjustments, reads Disneys website. Disneylands expansion to out-of-state guests will be part of a broader return to normalcy for the Disney parks in June, however, as Disneyland Parisright now the only Disney park worldwide thats still closedwill reopen to guests June 17. April also saw the reopening of Disneys two California theme parks, Disneyland and Disney California Adventure Park, which had been closed for over a year due to the coronavirus pandemic.
The company posted a decline in revenue in the quarter in 2019.
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The company posted a decline in revenue in the quarter in 2019 .
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