Wednesday, May 07, 2008

Theme Parks Help Disney’s Quarter

Even with the higher costs of fuel and just about everything else, Disney still showed a very strong 2nd quarter. The theme park business was most surprising, at least for the analysts, since it seems to be quite resilient.

As someone who just got back from WDW, I can testify to the fact that the theme parks were just as busy, if not busier, than before. On Tuesday, of all days, Animal Kingdom was PACKED! On a Tuesday! If this is a preview of what's to come this summer, the theme parks are going to do a bang-up business. The only issue here is whether they can keep costs down to maintain their profit margin.

Zz.

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