Disney Results Point to Theme-Park Consumer Eager to Spend -- Market Talk

Dow Jones11-14

0933 ET - Disney's theme-park profits are slipping, but results still point to an American parkgoer eager to spend. Domestic parks and experiences operating income rose in F4Q for Disney, largely driven by spending per guest at parks. International parks for Disney offset that, with lower volumes and weaker per-guest spending. The results line up with a positive report last week from Six Flags. While the amusement-park operator reported an overall drop in per capita spending in its 3Q due to lower season pass pricing, Six Flags also saw an increase in guest spending on food and add-ons like fast-lane passes. (ben.glickman@wsj.com; @benglickman)

(END) Dow Jones Newswires

November 14, 2024 09:33 ET (14:33 GMT)

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