Disney Breaks Attendance Records
Record Attendance Sends Disney Stock Soaring
POSTED: Tuesday, January 6,
UPDATED: 7:33 am EST January 7,
2004
ORLANDO, Fla. -- Attendance at Walt Disney World set a number of records over the end-of-year holiday, despite travel concerns, Walt Disney Co. Chief Executive Michael Eisner said Tuesday.
Eisner announced that Walt Disney World had its best day ever in the resort's 33-year history as well as its best week ever over the holidays."The strong attendance we experienced does point to the gradual improvement that we have been anticipating," in the theme park business, Eisner said.Local 6 News reported that when the terror alert level was raised, some were concerned that the theme park attendance would suffer. However , the opposite was true.
The company did not disclose a specific number, but Eisner said more than 200,000 people a day were at Walt Disney World, according to a report.
Eisner also reaffirmed the company's fiscal year earnings growth target of 30 percent -- or more.
News of record attendance during the Christmas holidays sent Walt Disney Co. stock to a 52-week high Tuesday.
Shares hit $24.27 before falling back slightly. After dipping below its previous 52-week closing high of $24.20, shares in Disney closed at $24.20, up six cents or .25 percent.Meanwhile, the company could announce plans to close the Orlando animation studio and layoff more than 300 workers, according to the Local 6 News report.
Eisner announced that Walt Disney World had its best day ever in the resort's 33-year history as well as its best week ever over the holidays."The strong attendance we experienced does point to the gradual improvement that we have been anticipating," in the theme park business, Eisner said.Local 6 News reported that when the terror alert level was raised, some were concerned that the theme park attendance would suffer. However , the opposite was true.
The company did not disclose a specific number, but Eisner said more than 200,000 people a day were at Walt Disney World, according to a report.
Eisner also reaffirmed the company's fiscal year earnings growth target of 30 percent -- or more.
News of record attendance during the Christmas holidays sent Walt Disney Co. stock to a 52-week high Tuesday.
Shares hit $24.27 before falling back slightly. After dipping below its previous 52-week closing high of $24.20, shares in Disney closed at $24.20, up six cents or .25 percent.Meanwhile, the company could announce plans to close the Orlando animation studio and layoff more than 300 workers, according to the Local 6 News report.Copyright 2004 by Local6.com.
All rights reserved. This material may
not be published, broadcast, rewritten
or redistributed.
Three Disney employees are placed on paid leave pending the investigation into Sunday's fatal monorail crash, according to a Disney spokeswoman.
Days before Austin Wuennenberg was killed in a monorail crash at Disney, he helped make a 4-year-old boy's dream come true.
A clerk at a pizzeria cut himself and falsely reported an armed robbery to cover up his drug habit, sheriff's deputies say.
A former Central Florida middle school teacher who pleaded guilty to having sex with a student is sentenced to five years in jail.
Officials investigate the first fatal accident in the 38-year history of Walt Disney World's monorail.
Since Michael Jackson died June 25, fans from around the world have expressed their grief in flowers, balloons, teddy bears, candles, pictures and handwritten notes left throughout the city.
Thousands flock to a small church in Limerick, Ireland, to pray at the stump of a recently cut tree that many believe looks like the Virgin Mary.
Take a quick look at the flicks headed to your multiplex. Check out the trailer, too.
Email Alerts
RSS News Feeds
Mobile
Live Streams
Slideshows
Video
Search
