The Mouse has still got it.
The Walt Disney Company recently reported earnings for its fourth quarter and fiscal year. Its steady gains serve as both an encouragement to shareholders and proof that the patented Disney magic still reigns supreme.
A few highlights from the fiscal year 2015 report include:
- Revenues for the year increased 7% to a record $52.5 billion.
- Net income for the year increased 12% to a record $8.4 billion.
- EPS for the year increased 15% to a record $4.90.
Walt Disney Company chairman and chief executive officer Robert Iger attributed the lucrative year to the continious innovation and quality of the company's divisions and properties.
“We had a strong quarter, with adjusted EPS up 35%, completing our fifth consecutive year of record performance,” said Iger. "In Fiscal 2015 we delivered the highest revenue, net income and adjusted EPS in the Company’s history, reflecting the power of our great brands and franchises, the quality of our creative content, and our relentless innovation to maximize value from emerging technologies.”
Walt Disney Company divisions located in Glendale, CA include Disney Consumer Products, Disney Interactive, and famed animation hub Walt Disney Animation Studios.
Read more about Disney's strong earnings report.
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