I'm partly calling BS on this because Q2 2023, which ended April 1, saw "Disney Parks, Experiences and Products revenues for the quarter increased 17% to $7.8 billion and segment operating income increased 23% to $2.2 billion. Higher operating results for the quarter reflected increases at our international and domestic parks and experiences businesses, partially offset by lower results at our merchandise licensing business."
What would be significant of Q2 2023 to warrant 17 or 23 having any meaning for just one of Disney's business units? Also, while I'm familiar with what 17 means in terms of Q, what is the significance of 23 in this context?
I'm partly calling BS on this because Q2 2023, which ended April 1, saw "Disney Parks, Experiences and Products revenues for the quarter increased 17% to $7.8 billion and segment operating income increased 23% to $2.2 billion. Higher operating results for the quarter reflected increases at our international and domestic parks and experiences businesses, partially offset by lower results at our merchandise licensing business."
https://thewaltdisneycompany.com/app/uploads/2023/05/q2-fy23-earnings.pdf
If you read further they actually had higher volumes.
17%? 23%? Damn, there are no coincidences?
What would be significant of Q2 2023 to warrant 17 or 23 having any meaning for just one of Disney's business units? Also, while I'm familiar with what 17 means in terms of Q, what is the significance of 23 in this context?