The Walt Disney Company (DIS) has been generating substantial revenues from its theme parks, which have remained the driving force of the company’s top line growth. In the first quarter of fiscal 2019, theme parks contributed revenue of $6.8 billion to Disney’s Parks, Experiences and Consumer Products segment, whose revenue rose 5% YoY (year-over-year). The segment’s operating income also rose 10% YoY to $2.2 billion in the quarter.
Parks and entertainment peers Comcast (CMCSA) and SeaWorld Entertainment (SEAS) have also been investing in theme parks to attract bigger crowds.
View more information: https://marketrealist.com/2019/02/how-theme-parks-are-fueling-disneys-revenue-2/