Marvel, Mickey and Minnie bolster Disney's CP business in Q2

CP revenues increase 12% to $763 million for quarter ending March 30th.
Publish date:
Social count:

Strong performances from Marvel brands, Mickey and Minnie Mouse helped the Consumer Products arm of The Walt Disney Company to further growth in the second quarter.

Consumer Products revenues for the period ending March 30th increased 12 per cent to $763 million, while segment operating income was up 35 per cent to $200 million.

As well as Marvel, Mickey and Minnie, merchandise licensing was also given a boost by the Disney Channel. It also benefited from a licensee audit settlement.

At the firm's retail business, higher operating income was driven by higher comparable store sales in North America and Japan, plus higher online sales in North America.

Elsewhere, interactive revenues for the quarter increased eight per cent to $194 million, while segment operating results improved by $16 million to a loss of $54 million.

Overall, for the quarter, revenues stood at $10,554 million (up ten per cent from the same period last year).

Revenues for the six month ending March 30th stood at $21,895 million (2012: $20,408m).

"We're obviously pleased with our second quarter," said Robert Iger, chairman and CEO, The Walt Disney Company. "Our results reflect our successful strategy, the strength of our brands and the value of our high quality creative content, all of which continue to drive long-term growth and shareholder value."

Want to receive up to the minute licensing industry news straight to your inbox? Click here to sign up for the free Daily Digest and Newsflash services. You can also follow on Twitter and Facebook.


Featured Jobs

Historic Royal Places Job Logo 620 x 349

Licensing Executive

Historic Royal Palaces (HRP) is a successful, high performing organisation built on strong foundations. An independent charity, we manage the Tower of London, Hampton Court Palace, the Banqueting House, Kensington Palace, Kew Palace and Hillsborough Castle in Northern Ireland. We help everyone to explore the story of how monarchs and people have shaped society in some of the greatest palaces ever built.

Universal Job Logo 620 x 349

Senior Graphic Designer, EMEA - Consumer Products

Working in tandem with the Product Development team and reporting into the Design Manager EMEA, the purpose of this role is to drive forward our creativity across all licensed consumer products. As part of the creative team, you’ll be developing exceptional creative assets and product concepts for numerous NBCUniversal franchises that inspire licensing partners across the entire region.

Aardman Job Logo 620 x 349

Brand Manager (Maternity Cover)

Part of the brand team, The Brand Manager works closely with several members of the department, including Studio Publicist, Community Managers, Licensing, Sales and Attractions and Live Experiences teams to implement local and international strategies in the form of brand plans and maximising on all activity surrounding the properties.

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.