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Disney offsets fewer overseas visitors with streaming and stronger spending at parks
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Disney offsets fewer overseas visitors with streaming and stronger spending at parks

The Seattle Times·MICHELLE CHAPMAN The Associated Press·26 days ago
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Disney exceeded most expectations for the second quarter, driven by strength in streaming and its U.S. theme parks that offset fewer visits by international travelers. The Walt Disney Co. had cautioned in February that in the second quarter its Experiences division, which includes its theme parks, would likely see modest operating income growth due in part to a decline in visits from international tourists to the U.S. There’s been a drop in foreign visitors to the U.S. attributed to several factors, including President Donald Trump’s return to the White House, tariffs, an immigration crackdown and repeated jabs about the U.S. possibly trying to acquire Canada and Greenland. In the Experiences division, which includes Disney’s six global theme parks, its cruise line, merchandise and video game licensing, operating income climbed 5% to $2.62 billion and revenue hit $9.49 billion in the quarter.…

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