Disney’s U.S. Parks Got a Boost From Consumers Spending More on Everything
Photo Credit: Disney saw its parks and resorts revenue increase 6 percent in the quarter that ended June 30. Pictured is Epcot, one of the company's theme parks in Orlando, in May 2018. Flickr / jpellgen
Skift Take
Disney's parks and resorts segment got help from domestic parks, where customers spent more to get in, eat, shop, and sleep. With new expansions opening next year, expect that revenue to keep on rising.
Disney fans have not yet found the limit of what they'll spend to visit the company's theme parks, at least in the U.S.
The Walt Disney Co. reported Tuesday that revenue for its parks and resorts segment jumped 6 percent to about $5.2 billion in the third fiscal quarter. Operating income for the segment leapt 15 percent to $1.4 billion compared to the same time a year ago.
Company-wide, revenue for the quarter that ended June 30 was up 7 percent to $15.2 billion, lower than analysts had expected. Pro
