Disney theme park division sees 21% boost to quarterly operating profit

Posted | Contributed by Jeff

Operating profit at Disney's global theme-park division surged 21 percent to $630 million on sales that rose 9 percent to $3.4 billion. That growth was driven by the late March launch of the Disney Fantasy cruise ship; the mid-June opening of a "Cars"-themed attraction in Southern California; and a rebound at Tokyo Disney, which was forced to close for a time last year following a devastating earthquake and tsunami in Japan.

Read more from The Orlando Sentinel.

But it is up at DLR, and that more than offset the drop at WDW. Another site reports the following from the conference call:

Attendance at domestic parks up 1%. Per capita spending up 8%.

Edited to add: I suspect the divergence between DLR and WDW reflects the capital investments in the two resorts, more than anything else---and that's why New Fantasyland is well underway, *AND* why WDI is moving Heavy Hitters to Florida now that Cars Land is over...

http://www.wdwmagic.com/Other/Walt-Disney-Company/News/08Aug2012-Wa...ojects.htm

Last edited by Brian Noble,

You must be logged in to post

POP Forums - ©2024, POP World Media, LLC
Loading...