Disney scores record profit in fiscal Q4

Posted Friday, November 11, 2011 10:41 AM | Contributed by Jeff

Disney's theme-parks division posted a particularly strong quarter, as profit margins that had shriveled during the global economic downturn rebounded sharply. Operating profit at Walt Disney Parks and Resorts surged 33 percent to $421 million on sales that were up 11 percent to $3.1 billion. Occupancy in the company's hotels slipped two percentage points. But per-room spending, which includes the nightly room rate, was up 9 percent.

Read more from The Orlando Sentinel.

Comments: 9

Loading...