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.

I'm 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