Operating income at Disney's theme park and resort division up 53%

Posted Wednesday, May 9, 2012 10:35 AM | Contributed by Jeff

Disney’s financial results, reported on Tuesday afternoon, carried an optimistic message about consumer confidence from its sprawling theme park operation — a sharp contrast to last week’s downbeat job growth and retail sales reports. Operating income at Walt Disney Parks and Resorts, watched as a barometer of the broader economy, surged 53 percent, to $222 million. Attendance at the North American parks was up 7%, and per capita spending up 5%.

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