Disney Earnings Buoyed By ‘Toy Story 5’, Theme Parks, Streaming Profit; Books $100M Tariff Refund
Disney’s Josh D’Amaro stepped out with solid numbers and some news in his first full quarter as CEO. Toy Story 5 drove studio revenue, theme parks saw an uptick in attendance, and streaming profits more than doubled for the three months ended in June. Total operating income for Disney’s fiscal third quarter jumped 21% $5.6 […]
Disney's quarterly results showed a 21% jump in total operating income to $5.6 billion. The company's studio revenue was driven by "Toy Story 5", according to Deadline.
The experiences segment, which includes global theme parks and cruises, saw revenue rise 10% year over year to $9.97 billion, as reported by CNBC. Domestically, park attendance in the U.S. was up 3% and per capita spending increased 4%, with Walt Disney World in Orlando seeing "very strong attendance".
Disney's entertainment streaming business, primarily made up of Disney+ and Hulu, saw profits more than double. The company also received a $100 million tariff refund.
Brief written by urgent.news from Deadline, CNBC — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- Walt Disney’s stock climbs as company cites ‘Toy Story 5’ for earnings growth marketwatch.com
- Disney beats earnings estimates in CEO Josh D'Amaro's first full quarter — and strikes a TikTok deal businessinsider.com
- How Disney parks are bucking a travel slowdown cnbc.com
- How Disney parks are bucking a travel slowdown link.cnbc.com
