Disney up in Q2

Disney?s second quarter results show an increase in both profit and turnover. Disney said net income was $1.13 billion, or 58 c
Publish date:
Social count:

The firm said net income was $1.13 billion, or 58 cents a share, compared with $931 million, or 44 cents a share, for the same period a year ago.

The entertainment giant said sales were $8.71 billion against last year's $7.95 billion. Analysts expected Disney to earn 51 cents a share on sales of $8.51 billion.

Its media networks division saw a five per cent rise in sales to $3.6 billion, with operating income climbing 14 per cent to $1.3 billion. Much of the increase was driven by growth at ESPN. Higher income at cable equity investments also drove increases.

The one slight hiccup for the firm proved to be in its consumer products division, where there was a 10 per cent rise in sales to $551 million, though operating income was down 14 per cent to $107 million.

The company's recent re-acquiring of 200 Disney Stores from Children's Place is likely to cut into profit through the end of the year say analysts.



Disney dips in Q1

Disney's president says the firm will be reducing costs after first quarter results saw group turnover and profit both fall.

Featured Jobs

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.


UK Sales Agents

Liberty House Toys have been appointed as the exclusive UK distributor for the BiOBUDDi brand, and we are pleased to introduce this new unique, innovative and exciting range of 100% environmentally-friendly toy building blocks. We are seeking experienced sales agents with existing network in the toy retail market.

Gameplan Job Logo 620 x 349

Head of Product Development & Marketing

Our client is a privately owned French toy and games manufacturer which sells through distributors in forty countries. The company develops and sells innovative electronic interactive toys and games for the educational and gaming markets, and also takes suitable licenses. To progress its successful business development a Head of Product Development & Marketing is to to recruited.

HIT Entertainment Job Logo 620 x 349

Licensing Systems Administrator

The Contract System Coordinator is a newly created role to support the deal term entry process into Mattel’s new Contract Management System for its Licensing business. The role will support the Business Teams at the Deal & Amendment phase of the contracting process and act in conjunction with the System Administration team.