Walt Disney Co.: The entertainment firm reported...
From Times Staff and Wire Reports
Walt Disney Co.: The entertainment firm reported a record second-quarter profit of $178 million, up 20% from the same period in 1989. Revenue also hit a new high, up 26% at $1.3 billion. The Burbank firm said results were helped by record attendance at its theme parks, the successful release of “The Little Mermaid” movie and a 29% increase in revenue from consumer products.
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