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NEWS
Theme parks, Frozen and Star Wars lead Disney to beat Q2 earnings predictions
POSTED 06 May 2015 . BY Tom Anstey
Disney's theme park division, along with the Frozen and Star Wars IPs, were credited largely for the success Credit: Disney
The Walt Disney Company has beaten analyst estimates for its second quarter earnings, led by growth at its theme parks along with the continued success of the Frozen and Star Wars IPs.

On the stock market, earnings for Disney totalled a US$1.23 (€1.08, £0.81) per share increase over the quarter – significantly higher than the US$1.10 (€0.97, £0.72) predicted by market experts. Sales for the period rose 7 per cent to US$12.5bn (€11bn, £8.2bn), higher than the projection of US$12.3bn (€1.8bn, £8bn).

Ticket prices breaking the US$100 mark in Floridaalong with price increases in California played their part in a 24 per cent rise in profit for the quarter. In addition, Frozen merchandise sales in-and-out of Disney theme parks drove consumer sales up a massive 32 per cent for the period. Profit for Disney’s theme park division for the quarter expanded to US$566m (€498.8m, £370.5m), with a 13 per cent rise in sales.

The release of the Star Wars trailer also helped, with Disney’s share value jumping US$2bn immediately following the teaser’s release. Aside from the recently released Avengers:Age of Ultron, Disney also has a number of other blockbusters in the pipeline this year, including Ant Man and Pixar’s Inside Out.

RELATED STORIES
  Disney unveils Frozen and Fantasyland concepts for Tokyo parks


Disney has revealed new details for the ¥500bn (US$4.5bn, €3.6bn, £2.8bn) 10-year expansion of its Tokyo resorts, confirming plans for a Frozen makeover at DisneySea and the redevelopment of Fantasyland at Disneyland.
  Disney value jumps US$2bn following Star Wars teaser release


Disney’s share value has jumped US$2bn (€1.85bn, £1.33bn) following the release of the teaser trailer for upcoming movie Star Wars: The Force Awakens, promising huge value in the the IP’s relaunch and upcoming attractions.
  Frozen helps Hong Kong Disneyland break merchandise sales record


Hong Kong Disneyland is crediting the ever-popular Frozen IP for helping it to break its merchandise sales record over the past year.
  Hong Kong government in talks to double the size of Disneyland


The Hong Kong government is planning to hold talks with Disney on further expanding Hong Kong Disneyland in a bid to boost tourism in the area and propel economic growth.
MORE NEWS
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
+ More news   
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Job location: mount batten centre, plymouth , United Kingdom
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COMPANY PROFILES
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QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
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IDEATTACK is a full-service planning and design company with headquarters in Los Angeles. [more...]
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NEWS
Theme parks, Frozen and Star Wars lead Disney to beat Q2 earnings predictions
POSTED 06 May 2015 . BY Tom Anstey
Disney's theme park division, along with the Frozen and Star Wars IPs, were credited largely for the success Credit: Disney
The Walt Disney Company has beaten analyst estimates for its second quarter earnings, led by growth at its theme parks along with the continued success of the Frozen and Star Wars IPs.

On the stock market, earnings for Disney totalled a US$1.23 (€1.08, £0.81) per share increase over the quarter – significantly higher than the US$1.10 (€0.97, £0.72) predicted by market experts. Sales for the period rose 7 per cent to US$12.5bn (€11bn, £8.2bn), higher than the projection of US$12.3bn (€1.8bn, £8bn).

Ticket prices breaking the US$100 mark in Floridaalong with price increases in California played their part in a 24 per cent rise in profit for the quarter. In addition, Frozen merchandise sales in-and-out of Disney theme parks drove consumer sales up a massive 32 per cent for the period. Profit for Disney’s theme park division for the quarter expanded to US$566m (€498.8m, £370.5m), with a 13 per cent rise in sales.

The release of the Star Wars trailer also helped, with Disney’s share value jumping US$2bn immediately following the teaser’s release. Aside from the recently released Avengers:Age of Ultron, Disney also has a number of other blockbusters in the pipeline this year, including Ant Man and Pixar’s Inside Out.

RELATED STORIES
Disney unveils Frozen and Fantasyland concepts for Tokyo parks


Disney has revealed new details for the ¥500bn (US$4.5bn, €3.6bn, £2.8bn) 10-year expansion of its Tokyo resorts, confirming plans for a Frozen makeover at DisneySea and the redevelopment of Fantasyland at Disneyland.
Disney value jumps US$2bn following Star Wars teaser release


Disney’s share value has jumped US$2bn (€1.85bn, £1.33bn) following the release of the teaser trailer for upcoming movie Star Wars: The Force Awakens, promising huge value in the the IP’s relaunch and upcoming attractions.
Frozen helps Hong Kong Disneyland break merchandise sales record


Hong Kong Disneyland is crediting the ever-popular Frozen IP for helping it to break its merchandise sales record over the past year.
Hong Kong government in talks to double the size of Disneyland


The Hong Kong government is planning to hold talks with Disney on further expanding Hong Kong Disneyland in a bid to boost tourism in the area and propel economic growth.
MORE NEWS
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
+ More news   
 
COMPANY PROFILES
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
IDEATTACK

IDEATTACK is a full-service planning and design company with headquarters in Los Angeles. [more...]
Polin Waterparks

Polin was founded in Istanbul in 1976. Polin has since grown into a leading company in the waterpa [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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