The Walt Disney Company reported their 1st Quarter Fiscal Year 2017 (Q4 calendar year 2016) earnings and the results so so, with lower revenue and income compared to the same period last year but a strong parks and resorts performance.
Walt Disney Company Reports Q1 FY 2017 Earnings Highlights:
- $3.956 billion in quarterly income which was $311 million less than the same quarter last year
- $14.784 billion in quarterly revenue which was $460 million less than the same quarter last year
- 2% decrease in revenue from media networks (cable & broadcast) from the same quarter last year
- 6% increase in revenue from parks and resorts from the same quarter last year
- 7% decrease in revenue from studio entertainment from the same quarter last year
- 23% decrease in revenue from consumer products & interactive media from the same quarter last year (mostly due to the continued decline in Frozen sales and less interest in Rogue One products than in The Force Awakens. Oh, and killing off Disney Infinity probably didn’t help either.)
Looking forward, the current quarter isn’t expected to be as active as many in the past few years, but it will contain a portion of the Rogue One box office and the opening of a new live-action Beauty and the Beast.
For more revenue, attendance and other Disney Statistics, please visit: 160 Amazing Disney Statistics and Fun Facts.