Disney Quarterly Report - DVC Mentioned

[poohstx]

Wow.....strong sales of Disney Vacation Club memberships was mentioned as contributing to the positive quarterly results....I think this is a first!

 

[Horace Horsecollar]

Yes, DVC was specifically mentioned as one of the factors conributing to income growth at "Domestic Resorts" (which means theme parks and resorts).

Here's the paragraph from Disney's first quarter earnings press release, The Walt Disney Company Reports Higher First Quarter Earnings:

Operating income growth at our domestic resorts was primarily due to increased guest spending and attendance, continued strong sales at Disney's Vacation Club and higher hotel occupancy. Higher guest spending was driven by increased ticket prices and merchandise sales at the theme parks and a higher average daily hotel room rate. Increased attendance for the quarter was driven by the celebration of the 50th anniversary of Disneyland at both domestic resorts.​

 

[jade1]

Hey maybe that will illiminate the "Best kept secret" as the billboard answer.

 

[dianeschlicht]

Hey maybe that will illiminate the "Best kept secret" as the billboard answer.

LOL! Yep, the secret is definitely out!

 

[DukeStreetKing]

Yes, DVC was specifically mentioned as one of the factors conributing to income growth at "Domestic Resorts" (which means theme parks and resorts).

Here's the paragraph from Disney's first quarter earnings press release, The Walt Disney Company Reports Higher First Quarter Earnings:

Operating income growth at our domestic resorts was primarily due to increased guest spending and attendance, continued strong sales at Disney's Vacation Club and higher hotel occupancy. Higher guest spending was driven by increased ticket prices and merchandise sales at the theme parks and a higher average daily hotel room rate. Increased attendance for the quarter was driven by the celebration of the 50th anniversary of Disneyland at both domestic resorts.​

Between this and Disney selling it's radio division to Citadel, it's a good day to be a stockholder.

 

[Horace Horsecollar]

Hey maybe that will illiminate the "Best kept secret" as the billboard answer.

Is illiminate a cross between illuminate and eliminate?

 

[LeftCoaster]

LOL! Yep, the secret is definitely out!

That phrase sounds familiar. Where else have I seen it?