Disney Parks and Streaming Lead Growth Amid Macro Uncertainty

Disney's quarterly results were a mixed bag, but one thing is clear, its parks and streaming divisions are major drivers of growth. The company's experiences segment, which includes theme parks and cruises, saw revenue rise 10% year over year to $9.97 billion.

This growth came despite macroeconomic uncertainty weighing on consumers and affecting other theme park operators like Comcast's NBCUniversal, which reported lower attendance at its Orlando parks due to 'weakness in consumer sentiment' and higher travel costs.

'Domestically we're doing extremely well right now,' said CFO Hugh Johnston. He attributed the success to a 3% increase in U.S. park attendance and a 4% boost in per capita spending, with Walt Disney World in Orlando seeing 'very strong attendance.'