Orange County Business Journal

Disneyland Resort Marks Q3 Attendance Record

Kari Hamanaka Thursday, August 8, 2013

Attendance at the Disneyland Resort in Anaheim and its parent’s other U.S. parks saw record-setting attendance for the third quarter ended June 29.

The Disneyland Resort includes two theme parks, three hotels and the Downtown Disney shopping and entertainment district.

Burbank-based Walt Disney Co. doesn’t break out attendance results for each of its parks, but the company said in a conference call with analysts on Tuesday that U.S. attendance was up 3% for record-setting quarterly results for the Disneyland Resort and Walt Disney World.

The company’s parks and resorts division saw overall operating income rise 9% during the quarter to $689 million.

Revenue for the parks and resorts unit was up 7% during the quarter to $3.68 billion.

Companywide revenue for the June quarter was up about 4% to $11.58 billion.

Net income for the quarter rose about 1% to $1.85 billion.

Investors still sent Disney shares down about 2% on Wednesday after the company’s studio entertainment division saw operating income fall 36% to $201 million on revenue of $1.6 billion. The decline stems from marketing expenses for The Lone Ranger movie in addition to lackluster sales of Iron Man 3.

The company’s interactive unit widened its operating loss by 38% to $58 million. Revenue for the division, was down about 7% to $183 million resulting from declines in the social gaming and console game sales.

Disney shares were trading roughly flat in afternoon trading Thursday to a market value of $118.36 billion.

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