Monday, November 11, 2013

Powered by parks, Walt Disney Co. sets sales, profit records


Walt Disney Co. reported another quarter of double-digit profit growth Thursday, boosted by higher summer prices for tickets and hotel rooms at Walt Disney World and the company's other theme-park resorts.

The results capped a fiscal year in which Burbank, Calif.-based Disney turned a profit of $6.1 billion, an 8 percent jump from 2012. Sales across the media-and-entertainment giant rose 7 percent for the year to $45 billion, another company record.
  
"It was another great year for the company, both creatively and financially, and we remain confident that we are well positioned to continue our strong performance and drive long-term shareholder value," Disney Chairman and Chief Executive Officer Bob Iger said in a prepared statement. Disney's fiscal year ended. Read more.

No comments:

Post a Comment