Disney CEO Bob Iger says theme parks and cruises will be a key driver of growth for the Walt Disney Corporation in the coming year, reports Skift.
For the first quarter 2023, higher operating results reflected increases at the company’s international and domestic parks and experiences businesses. Stateside, Disneyland Resort increased operating income following growth in attendance and guest spending. Resort and park growth was partially offset by lower revenue at the company’s merchandise licensing business.
In the U.S., operating income growth was also attributed to Disney Cruise Line’s strong performance.
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