Early bird
tickets
available now!
Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13772)           
UK only International

Theme parks, Frozen and Star Wars lead Disney to beat Q2 earnings predictions

By Tom Anstey    06 May 2015
Disney's theme park division, along with the Frozen and Star Wars IPs, were credited largely for the success / Disney

The Walt Disney Company has beaten analyst estimates for its second quarter earnings, led by growth at its theme parks along with the continued success of the Frozen and Star Wars IPs.

On the stock market, earnings for Disney totalled a US$1.23 (€1.08, £0.81) per share increase over the quarter – significantly higher than the US$1.10 (€0.97, £0.72) predicted by market experts. Sales for the period rose 7 per cent to US$12.5bn (€11bn, £8.2bn), higher than the projection of US$12.3bn (€1.8bn, £8bn).

Ticket prices breaking the US$100 mark in Floridaalong with price increases in California played their part in a 24 per cent rise in profit for the quarter. In addition, Frozen merchandise sales in-and-out of Disney theme parks drove consumer sales up a massive 32 per cent for the period. Profit for Disney’s theme park division for the quarter expanded to US$566m (€498.8m, £370.5m), with a 13 per cent rise in sales.

The release of the Star Wars trailer also helped, with Disney’s share value jumping US$2bn immediately following the teaser’s release. Aside from the recently released Avengers:Age of Ultron, Disney also has a number of other blockbusters in the pipeline this year, including Ant Man and Pixar’s Inside Out.

Sign up for FREE ezines
Related news

Company profile

Company profile: Rubb Buildings Ltd
Rubb Buildings Ltd designs and manufactures relocatable, semi-permanent and permanent fabric engineered specialist sports buildings.
View full profile >
More company profiles

Featured Supplier

Altrafit introduces custom functional fitness equipment at Third Space
Altrafit has taken further steps to cement its reputation as a provider of high-quality, affordable functional fitness equipment that is built to last with the development and introduction of a new functional fitness keg for luxury gym operator, Third Space.
View full details >
More featured suppliers

Property & Tenders

Location: Jersey
Company: Jersey War Tunnels
Location: Chiswick, Gillingham, York and Nottingham
Company: Savills
Location: Cleveland Lakes, Wiltshire and Gloucestershire
Company: Cotswold Lakes Trust
Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
More properties & tenders

Diary dates

03-05 Sep 2024
IMPACT Exhibition Center, Bangkok, Thailand
08-10 Sep 2024
Wyndham® Lake Buena Vista Disney Springs™ Resort, Lake Buena Vista, United States
19-19 Sep 2024
The Salil Hotel Riverside - Bangkok, Bangkok 10120, Thailand
20-22 Sep 2024
Locations worldwide,
More diary dates