For the firm’s third fiscal quarter, which ended on July 2, revenue for Parks and Resorts increased 6% to $4.4 billion and the operating profit was up 8% year-on-year to $994 million.
Disney’s domestic parks attendance at Walt Disney World, Disneyland and Disney California Adventure dropped 4%, but the firm put this down to the Easter holiday not falling in the company’s third quarter.
Disney’s US theme parks and cruise line were responsible for the rise in the growth in its third quarter.
The firm said in a statement: “Operating income growth for the quarter was due to an increase at our domestic operations, partially offset by a decrease at our international operations.
“Higher operating income at our domestic operations was due to guest spending growth and lower costs, partially offset by lower volumes.
“The increase in guest spending was driven by higher average ticket prices at our theme parks and cruise line.
“Lower costs reflected decreases in labour and marketing costs from efficiency initiatives.”