The Disney Parks division of The Walt Disney Company posted a $640 million profit in the fourth quarter of their fiscal year, which ended on October 2, 2021. With all of their theme parks operating this quarter, the profit nearly doubled the previous quarter, which was the first profitable quarter that the segment had since the COVID-19 pandemic shut down all of their theme parks in early 2020.
Even so, the international Parks posted a $222 million loss, which was slightly more than offset by the domestic parks haul of $244 million. The rest of the profits were dominated by a $618 million profit in the consumer products subsection of the Disney Parks, Experiences, and Products (DPEP) division.
To put the $640 million profit into perspective, DPEP posted a $1.3 billion profit in Q4 of 2019.
An investor call is set for 4:30pm this afternoon to discuss the quarter results and the full 2021 fiscal year.
As always, keep checking back with us here at BlogMickey.com as we continue to bring you the latest news, photos, and info from around the Disney Parks!