Disney breaks even on open parks, but misses $2.6 billion in operating income for quarter
Posted Friday, February 12, 2021 10:09 AM | Contributed by Jeff
Chief Financial Officer Christine McCarthy said that for the parks that were open, the company was able to make a profit from guests. The revenue gained from park visitors outweighed the costs of being open. The company said the outbreak cost this division around $2.6 billion in lost operating income during the December quarter.
Read more from CNBC.
Comments: 16