None
EN
Disney posts strong quarter boosted by Toy Story 5, theme parks
['Reid Stone', 'Reid Stone Is A Contributing Reporter For The San Joaquin Valley Sun. Email Him At', 'Bruce Clayton', 'Les Hubbard']
The San Joaquin Valley Sun
Disney’s third quarter was powered by “Toy Story 5,” which brought in $1 billion globally and boosted Disney+ viewership and merchandise sales.
The Experiences division’s operating income rose 20% to $3.02 billion, with domestic parks up 27% but international parks down 13%.
The big picture: Overall company revenue increased 7% to $25.25 billion, with net earnings at $2.64 billion for the quarter.
Disney’s streaming segment (Disney+ and Hulu) saw revenue jump 11% to $5.53 billion, driven by subscriber growth, price hikes, and more advertising.
Go deeper: Summer promotions and new park experiences spurred U.S. park attendance, with CEO Josh D’Amaro highlighting increased spending despite economic uncertainty.