Friday, August 3, 2007

Disney Theme Park Results

The cash cow continues to be milked...

Operating profit at its parks and resorts division rose 13 percent on increased attendance and spending at Disneyland and Walt Disney (nyse: DIS - news - people ) World resorts.
Attendance at Walt Disney World in Florida increased 4 percent in the quarter and per-guest spending also rose, Disney's chief financial officer Tom Staggs said.
At the Disneyland resort in California, attendance was flat for the quarter, but guest spending increased slightly, he said.
Attendance at Disneyland Paris was up 9 percent in the quarter, but Hong Kong Disneyland attendance continued to be disappointing, Staggs said.