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Disney recently released their earnings report for the 2015 fiscal year and yet again they have reached record profits. Needless to say attendance at the parks is also high. This is their 5th consecutive year of the same.
Their revenue jumped up 7% from last year and up 12% from a year before that. Profits topped a whopping $52 billion. An all time high! Profits for just the parks and resorts are $3.03 billion for the 2015 fiscal year, that is 14% higher than last years fiscal record.
Disney says higher attendance at the parks and spending went up in all Disney parks around the country. So that means more resort stays and combine that with higher ticket prices that explains the rise in profits.
Thoughts?
