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[6 Aug 2014 | No Comment | ]
The Walt Disney Company Releases Third Quarter Earnings for Fiscal Year

The Walt Disney Company has released its fiscal year third quarter earnings report.
The report showed that the company’s Parks and Resorts division had another successful quarter with revenues increasing 8 percent to $4 billion and operating income increasing 23 percent to $848 million.
The higher operating income was due to increased guest spending and higher attendance. The increase in guest spending was partially due to an increase in ticket prices, and increased spending for food and merchandise.
The Studio Entertainment division reported a 14 percent increase in revenue to $1.8 billion and …