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

Posted Wednesday, August 8, 2012 10:05 AM | 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.

Thursday, August 9, 2012 2:46 PM

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, Thursday, August 9, 2012 2:48 PM
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