Disney's Net Profit Surges
Today, analyst Austin Smith gives a quick look at Disney's impressive quarter. The company saw a surge in net profits to a new record on the back of strong performance from all of its divisions. Disney got a big win from its movie division, which was a sigh of relief after its John Carter flop. The parks division continues to perform well, which bodes well for Disney's international potential going forward.
We continue to be big Disney fans here at the Fool. It's hard to dislike a company that has maintained relevance across different segments and continues to inject creativity into each industry it operates in.
Perhaps one of Disney's best moves over the last few years has been to grow a strong presence in emerging markets. The company isn't alone, though; it's just one of the many forward-looking domestic companies to plant flags in international soil.
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The article Disney's Net Profit Surges originally appeared on Fool.com.Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Walt Disney. Motley Fool newsletter services recommend Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.