Close Menu
Influential MagazineInfluential Magazine
  • Home
  • Latest News
  • Entrepreneurs
  • Business
  • Finance
  • Leadership
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release

Subscribe to Updates

Get the latest business and finance news for entrepreneurs all around the world.

What's Hot
British Antique Jewellery Identification Made Easy with New Free Tool from Antique Jewellers

British Antique Jewellery Identification Made Easy with New Free Tool from Antique Jewellers

July 30, 2025
Video: Why We Almost Got a MAGA-Branded Instant Pot

Video: Why We Almost Got a MAGA-Branded Instant Pot

July 28, 2025
Tracking Trump’s Tariffs: Rates for China, the E.U. and More

Tracking Trump’s Tariffs: Rates for China, the E.U. and More

July 28, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Influential MagazineInfluential Magazine
SUBSCRIBE
  • Home
  • Latest News
  • Entrepreneurs
  • Business
  • Finance
  • Leadership
  • More
    • Web Stories
    • Editor’s Picks
    • Press Release
Influential MagazineInfluential Magazine
Home » Disney’s Park Business Grows Despite Consumer Angst

Disney’s Park Business Grows Despite Consumer Angst

May 7, 20254 Mins Read Business
Disney’s Park Business Grows Despite Consumer Angst
Share
Facebook Twitter Reddit Telegram Pinterest Email

Americans, struggling with rising costs, have been looking for ways to cut back on nonessential spending. But Disney, so far at least, apparently does not count as a discretionary expense.

The company, reporting results for its winter quarter on Wednesday, said operating profit at its domestic theme park division had climbed 13 percent from a year earlier, to $1.82 billion. Revenue increased 9 percent, to $6.5 billion. Park attendance was up. Hotel room bookings were up. And spending on merchandise and food was up.

Disney also reiterated that its experiences division as a whole (including overseas parks, cruises, and games and other consumer products) was still on course to increase its operating profit as much as 8 percent for the year, compared with 4 percent in 2024. The division contributes roughly 60 percent of Disney’s annual profit.

The vibrancy of that business helped push Disney’s adjusted per-share income for the quarter up 20 percent, to $1.45, handily beating analyst expectations. Separately on Wednesday, Disney announced that it would team with the Miral Group to open its seventh theme park resort: Disneyland Abu Dhabi.

Speaking to analysts on a conference call, Robert A. Iger, the company’s chief executive, called the Abu Dhabi decision “a huge endorsement of that location,” noting the tourism growth expected for the United Arab Emirates capital.

Disney shares climbed 10 percent in early trading.

Disney has long been seen as a bellwether for consumer confidence. When ticket sales and hotel reservations at the company’s theme park resorts in Florida and California start to weaken, it’s usually a sign that Americans are growing pessimistic about the economy.

Wall Street has been worried. Passenger traffic at Orlando International Airport during the first quarter was down 4 percent from a year earlier, according to government data. Disney has also been rolling out steep discounts for the summer. On Tuesday, for instance, Walt Disney World near Orlando began selling “summer magic” discounts for Florida residents — multiday tickets can be had for as little as $60, a 40 percent savings.

Gavin Doyle, who runs MickeyVisit, a site unaffiliated with Disney that focuses on theme park vacation planning, said discounts probably reflected three challenges: consumer queasiness about the economy, a lack of new Disney rides to market and increased competition from the Universal Orlando Resort.

Whatever the reason, the price breaks seem to be working. Hugh F. Johnston, Disney’s chief financial officer, told analysts on Wednesday that vacation bookings at Disney World for the current quarter are up 4 percent compared with last year and the summer quarter is running 7 percent ahead.

“Quite strong,” he said.

Mr. Johnston added that Disney had seen almost no drop-off in overseas bookings — maybe 1 to 1.5 percent, he said. (News outlets have reported declines in visitors to the United States in general during the new Trump administration, especially from Europe and Canada. But a close look at the data shows it has so far been holding up.)

Disney also reported better-than-expected results for its flagship streaming service. Analysts had expected Disney+ to shed several million subscribers in the quarter because of price increases and programming cutbacks. Instead, Disney added 1.4 million, ending the period with 126 million. Disney’s direct-to-consumer division, which includes Hulu, had $336 million in operating profit, up from $47 million a year earlier.

But it was another crummy quarter for Disney’s traditional television business, which includes ABC and a portfolio of cable networks. Revenue fell 13 percent, to $2.4 billion, as viewership and advertising sales declined. Programming cutbacks (fewer new shows) allowed the division to eke out a 2 percent increase in operating profit ($769 million).

Higher costs at ESPN and a write-down related to Venu, a failed sports streaming venture, resulted in operating income of $687 million at Disney’s sports division, a 12 percent decrease from a year earlier.

Movies were largely a wash, as carry-over hits from the previous quarter, including “Mufasa: The Lion King,” were offset by clunkers like “Snow White.”

Advertising and Marketing Amusement and Theme Parks Company Reports Cruises Disney Plus Fees and Rates) Media Prices (Fares Travel and Vacations Walt Disney Company
Share. Facebook Twitter Pinterest LinkedIn Telegram Reddit Email
Previous ArticleNetflix Debuts New Home Screen, Its First Redesign in 12 Years
Next Article Real ID Requirement Finally Comes to U.S. Airports

Related Posts

Video: Why We Almost Got a MAGA-Branded Instant Pot

Video: Why We Almost Got a MAGA-Branded Instant Pot

July 28, 2025
Tracking Trump’s Tariffs: Rates for China, the E.U. and More

Tracking Trump’s Tariffs: Rates for China, the E.U. and More

July 28, 2025
How Trump’s Attacks on the Fed’s Powell Have Intensified

How Trump’s Attacks on the Fed’s Powell Have Intensified

July 24, 2025
Where Congress’s Cuts Threaten Access to PBS and NPR

Where Congress’s Cuts Threaten Access to PBS and NPR

July 18, 2025
Should You Get a Heat Pump? Take Our 2-Question Quiz.

Should You Get a Heat Pump? Take Our 2-Question Quiz.

July 16, 2025
16 Mayors on What It’s Like to Run a U.S. City Now Under Trump

16 Mayors on What It’s Like to Run a U.S. City Now Under Trump

July 3, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
British Antique Jewellery Identification Made Easy with New Free Tool from Antique Jewellers

British Antique Jewellery Identification Made Easy with New Free Tool from Antique Jewellers

By News RoomJuly 30, 2025

Antique Jewellers Ltd, specialists in antique rings, have introduced a free online Hallmark Finder…

Video: Why We Almost Got a MAGA-Branded Instant Pot

Video: Why We Almost Got a MAGA-Branded Instant Pot

July 28, 2025
Tracking Trump’s Tariffs: Rates for China, the E.U. and More

Tracking Trump’s Tariffs: Rates for China, the E.U. and More

July 28, 2025
How Trump’s Attacks on the Fed’s Powell Have Intensified

How Trump’s Attacks on the Fed’s Powell Have Intensified

July 24, 2025

Subscribe to Updates

Get the latest business and finance news for entrepreneurs all around the world.

About Us
About Us

Influential Magazine is one of the top news portals about Business and Finance news for Entrepreneurs and leaders all around the world, follow us for more intersting articles and news.

Our Picks
How Trump’s Attacks on the Fed’s Powell Have Intensified

How Trump’s Attacks on the Fed’s Powell Have Intensified

July 24, 2025
Where Congress’s Cuts Threaten Access to PBS and NPR

Where Congress’s Cuts Threaten Access to PBS and NPR

July 18, 2025
Should You Get a Heat Pump? Take Our 2-Question Quiz.

Should You Get a Heat Pump? Take Our 2-Question Quiz.

July 16, 2025
Trending Now
Timeline Reaches £10 Billion AUM, Reflecting Deep Impact on UK Financial Advice

Timeline Reaches £10 Billion AUM, Reflecting Deep Impact on UK Financial Advice

July 9, 2025
Indian Culinary Giant Bikanervala Launches £50M UK Rollout in Hounslow

Indian Culinary Giant Bikanervala Launches £50M UK Rollout in Hounslow

July 4, 2025
16 Mayors on What It’s Like to Run a U.S. City Now Under Trump

16 Mayors on What It’s Like to Run a U.S. City Now Under Trump

July 3, 2025
Influential Magazine
Facebook X (Twitter) Instagram LinkedIn
  • Home
  • Privacy Policy
  • Contact
  • Terms & Conditions
© 2025 Influential Mag. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.