Disney profit up on theme park attendance and spending

Posted | Contributed by VitaminsAndGravy

Media giant Walt Disney Co reported a 32 percent increase in profit that beat Wall Street expectations, boosted by higher spending and attendance at U.S. theme parks, and the movie box office success of "Oz the Great and Powerful." Revenue for the company that operates cable networks, theme parks and a movie studio increased 10 percent to $10.6 billion. At the parks division, revenue gained 14 percent and operating income climbed 73 percent as resorts in Florida and California attracted more visitors and guests spent more.

Read more from Reuters.

LostKause's avatar

I think that the theme park industry is a good indicator of how well the economy is doing. :)

Vater's avatar

It's not cool to post under someone else's account, Jeff.

LostKause's avatar

I wanted to be the first to say it this time. lol

Lord Gonchar's avatar

That just makes you the first to be wrong.

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