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Disney Reports Fourth Quarter & Full Year Earnings for Fiscal 2016

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  • Record Revenues for the year of $55.6 billion (up 6%).
  • A record $9.4 billion net income for the year (up 12%).
  • A record $5.73 EPS for the year (up 17%).

Robert A. Iger, Chairman and CEO, The Walt Disney Company said, “We’re very pleased with our performance for the year, delivering the highest revenue, net income and earnings per share in Disney’s history. Fiscal 2016 was our sixth consecutive year of record results, highlighted by the opening of Shanghai Disney Resort, the phenomenally successful return of Star Wars, and our Studio’s record-breaking $7.5 billion in total box office. We remain confident that Disney will continue to deliver strong growth over the long-term as we further strengthen our brands and franchises, our technological capabilities, and our international presence.”

Parks and Resorts revenues for the quarter increased 1% to $4.4 billion.

 

http://www.businesswire.com/news/home/20161110006505/en/Walt-Disney-Company-Reports-Fourth-Quarter-Full

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Charles Read

Charles is Managing Director at Blooloop. He attends numerous trade shows around the world and frequently speaks about trends and social media for the attractions industry at conferences. Outside of Blooloop his passions are diving, trees and cricket.

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