The company reported earnings on Thursday, but didn’t disclose exactly how many visitors it hosted.
Tourists visited Disney’s Anaheim parks in record numbers over the past year – the first full year since Disney California Adventure’s massive makeover, including Cars Land.
On Thursday, the Walt Disney Co. reported its earnings for the quarter that ran June 30 to Sept. 28, as well as the fiscal year that began in fall 2012.
Quarterly revenues came to $11.6 billion, up 7 percent from the same period a year earlier. Net income was up 12 percent, to $1.4 billion.
Full-year revenues topped out at a record $45 billion, 7 percent higher than the year before. Net income was up 8 percent, to $6.1 billion.
Disney’s stock price closed the day down $1.85, or 2.7 percent, at $67.15, on a day when stock prices were lower overall.By SARAH TULLY / ORANGE COUNTY REGISTER
During a conference call with investors, Chief Executive Officer Bob Iger led with theDisneyland Resort in his list of the year’s highlights. He noted that higher tourism and spending came with California Adventure’s expansion, which opened in June 2012.
“Disneyland Resort delivered record attendance in revenue and profitability,” Iger said.
Walt Disney World in Florida also had record attendance, with new additions in Fantasyland.
Profits at the company’s U.S. and overseas theme parks and resorts rose a strong 17 percent, to $2.2 billion. More visitors came to parks in Anaheim and Florida, spent more money and stayed in hotels more nights.
Disney officials did not discuss specific attendance figures for the year.
For the quarter, attendance in Florida and California was comparable to last year. Visitors spent about 9 percent more, said Jay Rasulo, the company’s chief financial officer. Hotel spending increased about 4 percent at U.S. properties.
However, visits declined at the Disneyland Resort compared with the year-earlier quarter. That’s because there was a huge surge in attendance when Cars Land opened a year ago at California Adventure.
At the same time, Walt Disney World’s parks were busier.
While no major rides opened in Anaheim this summer, Disneyland debuted its new Fantasy Faire area for princess greetings in the spring and a Fantasyland show, “Mickey and the Magical Map,” in the summer. Going into Memorial Day weekend, Disneyland and Disney California Adventure were open for 24 hours for the Monstrous Summer promotion tied to Pixar’s “Monsters University” movie.
The hotels are seeing about 5 percent higher reservations during the current quarter, Disney said.