Disney says measles outbreak didn’t hurt parks and resorts revenue, which rose in 1st quarter
NEW YORK, N.Y. – The Walt Disney Co. reported another quarter of strong growth on Tuesday, helped by higher revenue from its parks and resorts despite an outbreak of measles at Disneyland in December.
Net income and revenue beat expectations and shares rose 3 per cent in aftermarket trading.
Measles has been spreading since an outbreak linked to Disney’s Southern California parks last month. It now totals about 95 people. In an interview with CNBC, CEO Bob Iger said the entertainment company saw no impact on attendance from the measles outbreak. More people visited Disneyland, located in Anaheim, California, during the quarter than in the year-ago period, he said.
Iger did caution parents with children under the age for inoculation about bringing them to any large public place like Disneyland, including mass transportation and movie theatres.
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