Consumer products star for Disney

Sector sees revenue jump 41 per cent during fourth quarter to $812 million.
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The Walt Disney Company has reported its full-year and fourth quarter earnings, with its consumer products division being the stand out performer for the firm.

Full-year revenue stood at a record of $37.8 billion, although net income fell 13 per cent to $760 million in the fiscal fourth quarter compared with a year ago.

Consumer products, however, saw revenues for the year increase 26 per cent to $2.9 billion, while segment operating income increased 14 per cent to $718 million.

To read the full story on our sister site, licensing.biz, click here.

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