Disney's strong quarter driven by 'Toy Story 5' and the draw of its US theme parks

Disney managed a solid showing in its third quarter, bolstered by movies like “Toy Story 5” and ongoing strength from its U.S. theme parks that helped to offset continued weakness from international tourism.

Disney’s Josh D’Amaro stepped out with solid numbers and some news in his first full quarter as CEO. Toy Story 5 drove studio revenue, theme parks saw an uptick in attendance, and streaming profits more than doubled for the three months ended in June. Total operating income for Disney’s fiscal third quarter jumped 21%

Disney’s 3Q bolstered by ‘Toy Story 5,’ ongoing strength at US theme parks  Toronto Star

Disney managed a solid showing in its third quarter, bolstered by movies like “Toy Story 5” and ongoing strength from its U.S. theme parks that made up for continued weakness from international tourism

Disney managed a solid showing in its third quarter, bolstered by movies like “Toy Story 5” and ongoing strength from its U.S. theme parks that made up for continued weakness from international tourism

The company will use $1 billion from the sale of A+E to buy back stock, will move consumer products under its entertainment division, and teases a new era for Disney+ early next year.

Theme parks have long been seen as a bellwether for consumer confidence. Disney’s domestic parks and cruises revenue rose 11 percent in the latest quarter.