Disney CFO: Epic Universe’s Impact on Disney World Is Limited

Disney reported strong fiscal 2025 results for its Experiences division despite heavier competition in Orlando.

Overview

CFO Hugh Johnston said Epic Universe appears to be affecting other Florida operators more than Walt Disney World.
Disney World’s attendance is down roughly 1% this year, with the decline also tied to higher prices and broader economic pressures.
Universal acknowledged ride-reliability hurdles at Epic Universe and will introduce 2026 tickets with same-day park hopping and new multi-day options.
Universal has filed plans for a large Epic Universe construction project that reporting indicates could expand The Wizarding World of Harry Potter.
Disney is moving ahead with expansion projects at Magic Kingdom, Disney’s Hollywood Studios, and Disney’s Animal Kingdom.