MrInfinity
DIS Veteran
- Joined
- Aug 23, 2012
- Messages
- 2,577
Parks and Resorts up 9% to $3.91 billion. Operating income growth for the quarter was driven by an increase at the domestic operations
Disney files smash-hit quarter with record revenues • 4:24 PM
Bob Iger, Today...
This was yet another incredibly strong quarter for our Company, with diluted EPS up 23% driven by record revenue as well as significant growth in segment operating income. Our results once again reflect the strength of our brands and high quality content and demonstrate that our proven franchise strategy creates long-term value across all of our businesses.
Domestic gains came from "higher volumes and guest spending growth at our parks and resorts and, to a lesser extent, at our cruise business, partially offset by higher costs."
Disney files smash-hit quarter with record revenues • 4:24 PM
- Disney (NYSE:DIS) posts a huge beat of $1.27 (up 27%) on a record $13.39B in revenues, higher even than the top range of expectations for its fiscal Q1.
- Lots of strength in segment revenues: Media Networks up 11% to $5.86B; Parks and Resorts up 9% to $3.91B; Studio Entertainment down 2% to $1.86B; Consumer Products up 22% to $1.38B; Interactive down 5% to $384M.
Bob Iger, Today...
This was yet another incredibly strong quarter for our Company, with diluted EPS up 23% driven by record revenue as well as significant growth in segment operating income. Our results once again reflect the strength of our brands and high quality content and demonstrate that our proven franchise strategy creates long-term value across all of our businesses.
Domestic gains came from "higher volumes and guest spending growth at our parks and resorts and, to a lesser extent, at our cruise business, partially offset by higher costs."
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