Disney's domestic parks and resorts had a historic quarter.
Disney CEO Bob Chapek on Wednesday said the domestic parks "achieved all-time revenue and operating income records despite the omicron surge" of Covid-19 in the company's first fiscal quarter of 2022.
Revenue for Disney Parks, Experiences and Products was $7.23 billion, up from $3.59 billion a year earlier. Operating income was $2.45 billion, up from an operating loss of $119 million.
Disney isn't alone. NBCUniversal's theme park division reported that the fourth quarter of 2021 was its most profitable on record.
The entire company's revenue was up 34% to $21.82 billion in the fiscal first quarter. Operating income was $3.26 billion, up from $1.33 billion a year earlier
Read original article