Disney Posts 7% Revenue Growth in Q3 Amid Theme Park and Entertainment Success
Disney's third-quarter earnings report revealed a revenue increase of 7% to $25.25 billion and net income of $2.64 billion.
The company's entertainment division saw an 11% rise in revenue to $5.53 billion, largely driven by the success of Toy Story 5, which grossed over $1 billion globally.
Disney's theme parks, including Disney World and international locations, reported a 10% increase in revenue to $9.97 billion, with attendance up 3% at domestic parks.