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Disney's Revenue Up 7% Driven by Theme Parks and Toy Story 5

Wall Street Journal US Business •
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$25.2 billion revenue in Q3 marks 7% growth, fueled by theme parks and Toy Story 5. Net income dropped 50% to $2.6 billion due to a prior tax benefit. Attendance rose 3% domestically, with per-capita spending up 4%.

The experiences unit, including parks and cruises, grew 10%. International challenges persist, but domestic guests offset gaps. Hugh Johnston, CFO, noted strong U.S. performance.

Toy Story 5's box office success contributed significantly. Revenue per guest increased, highlighting pricing power. Excluding one-time items, earnings per share rose to $2.06.

Disney remains focused on domestic expansion. Future plans may lean on popular franchises and park experiences to sustain growth.