Universal Theme Parks See Softer Attendance Amid Weak Consumer Sentiment
Comcast's Q2 results revealed softening attendance at Universal's Orlando theme parks, a trend that co-CEO Mike Cavanagh confirmed has continued into Q3. He attributed the decline to weaker consumer sentiment and higher travel costs, partly linked to oil prices touching $100 a barrel. Cavanagh stressed the company is monitoring the situation closely but views the slowdown as temporary, not a permanent shift in outlook.
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