November 12, 200916 yr ...Segment profit at the theme parks and resorts in the fourth quarter fell 17% to $344 million, as revenue fell 4% to $2.84 billion. The unit was hampered by less guest spending -- as average ticket prices and daily hotel room rates were lower -- and an increase in costs related to an extra week of operations in the latest fourth quarter and higher labor expenses. http://www.marketwatch.com/story/disney-pr...ines-2009-11-12 ...Disney also has been shuffling executives, last month naming its cable-TV chief as the new chairman of its film studio and earlier Thursday saying its chief financial officer and chairman of its theme-parks division would trade posts.... http://online.wsj.com/article/BT-CO-20091112-717719.html
November 12, 200916 yr This is absolutely not a surprise. With the parks extending free dining it only makes since that revenue would fall during this peroid.
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