The Defenders (tv program)

Disney profit up 12% on consumer products, studio, theme park gains

Disney profit up 12% on consumer products, studio, theme park gains

Walt Disney Co. reported a 12% increase in net income for its fiscal fourth quarter, lifted by the performance of its consumer products, studio, and parks and resorts divisions.

The Burbank company posted net income of $1.394 billion for the quarter that ended Sept. 28, up from $1.244 billion a year earlier. Revenue rose 7% to $11.568 billion.

Disney, the world's largest entertainment and media company, posted adjusted earnings per share of 77 cents, up from 68 cents a year earlier.

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