Disney4me Posted August 6, 2025 Report Posted August 6, 2025 Walt Disney World brought in record revenue for the third financial quarter, company executives announced Wednesday. “There’s been a lot of concerns, of course, because of the new Universal park down in Florida,” Hugh Johnston, Walt Disney Co. chief financial officer, said in an interview on CNBC. “We really blew away the quarter … 8% revenue [increase], 13% operating income. And Walt Disney World had its biggest Q3 ever.” Disney does not break out financial numbers or announce attendance for individual resorts. But the third-quarter results show the company’s domestic parks — which includes Disney World, Disneyland in California and Disney Cruise Line — had $6.4 billion in revenue, a 10% bump year-over-year, for the April-May-June period, and operating income of $1.7 billion, an increase of 22%. “Traffic was solid, up a little bit, and then per-caps [spending] were up very, very solidly,” Johnston said. “I know there’s lots of concern about the consumer in the United States right now. We don’t see it. Our consumer is doing very, very well. ” In late July, Comcast Corp., parent company of Universal Orlando Resort, said its theme park revenue went up 18.9% in the second quarter, which included the opening of Epic Universe theme park in May. Disney: Magic Kingdom pirate pub opens this month with octopus on menu “The cruise ships are doing extremely well right now. Bookings look great, and we’re running at very high occupancies,” Disney’s Johnston said in a call with market analysts after earnings were posted. “In terms of thinking about bookings for experiences, for the fourth quarter, right now they’re up about about 6%.” Overall, Walt Disney Co. reported revenue of $23.7 billion in the quarter, up 2%. The results came on the heels of the announcement that Disney-owned ESPN would acquire the NFL Network and also make a five-year agreement for airing live premium WWE events. Both deals would add programming to the standalone ESPN streaming service, set to launch Aug. 21. “It will really be a sports fans dream in terms of everything they’ll be able to do and watch on that channel,” Disney CEO Robert Iger told analysts. “There’ll also be a far greater volume of sports covered on the ESPN app than is covered on their linear channels.” The company also plans to merge its Disney+ and Hulu platforms with an option to bundle ESPN programming, too. AJ Wolfe book dives into mouse-driven mindset of Disney Adults “When you have the one app that has a significant amount of all of the Disney and the other Disney-branded programming with the general entertainment programming bundled, for instance, with the ESPN direct-to-consumer app, I think you end up with a proposition — from not only a consumer perspective, but also from from our perspective — that’s far better than what we’ve had before,” Iger said. Email me at dbevil@orlandosentinel.com. BlueSky: @themeparksdb. Threads account: @dbevil. X account: @themeparks. Subscribe to the Theme Park Rangers newsletter at orlandosentinel.com/newsletters. Quarterly report: Epic Universe debut boosts Comcast theme park revenue View the full article Quote
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