Disney profits up almost a third as theme parks boom
Walt Disney said fiscal second-quarter profit rose 32 per cent, beating analysts’ estimates as guests splurged at theme parks in California and Florida.
Walt Disney, the world’s largest entertainment company, said fiscal second-quarter profit rose 32 per cent, beating analysts’ estimates as guests splurged at theme parks in California and Florida.
Net income grew to $1.51 billion, or 83 cents a share, from $1.14 billion, or 63 cents, a year earlier, Burbank, California-based Disney said yesterday in a statement.
New features at Disney parks, such as the Cars Land attraction based on Pixar movies, delivered 73 per cent higher profit...
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