Walt Disney Co.: The Burbank company reported...
From Times Staff and Wire Reports
Walt Disney Co.: The Burbank company reported record first-quarter profit of $174.4 million, up 18% from the year-ago period. Revenue rose 23% to a record $1.3 billion. The firm credited strong sales in all segments, including record attendance at its theme parks, the success of the movie “The Little Mermaid,” the video release of “Who Framed Roger Rabbit” and a 35% increase in revenue from consumer product sales.
