Arab Today, arab today disney reports largest quarterly earnings in its history
Last Updated : GMT 04:01:47
Arab Today, arab today
Arab Today, arab today

Disney reports largest quarterly earnings in its history

Arab Today, arab today

Arab Today, arab today Disney reports largest quarterly earnings in its history

Washington - QNA

The Walt Disney Co. has reported the largest quarterly earnings in its history, as the entertainment giant began harvesting profits from new theme-park investments and scored a global box-office hit with the superhero movie “The Avengers.” Disney said it turned a profit of more than $1.8 billion during its fiscal third quarter, up 24 percent from the same period a year ago. Revenue climbed 4 percent to $11.1 billion for the period, which ended June 30. “We had a phenomenal third quarter,” Disney President and Chief Executive Officer Bob Iger said during a conference call with analysts. Operating profit at Disney’s global theme-park division surged 21 percent to $630 million on sales that rose 9 percent to $3.4 billion. That growth was driven by the late March launch of the Disney Fantasy cruise ship; the mid-June opening of a “Cars”-themed attraction in Southern California; and a rebound at Tokyo Disney, which was forced to close for a time last year following a devastating earthquake and tsunami in Japan. Iger said the addition generated record attendance at the two-park resort in Anaheim, Calif., and that the perennially weak California Adventure had become “the perfect neighbor” to the original Disneyland park, drawing nearly 50 percent of the resort’s total attendance up from as little as 25 percent in previous years. 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today disney reports largest quarterly earnings in its history Arab Today, arab today disney reports largest quarterly earnings in its history

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today disney reports largest quarterly earnings in its history Arab Today, arab today disney reports largest quarterly earnings in its history

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday