Disney offsets fewer overseas visitors with streaming and stronger spending at parks

Disney’s fiscal second-quarter results topped Wall Street’s view on strength in its streaming business and domestic theme parks, which are offsetting softness among international travelers.

The Experiences division, which includes Disney’s six global theme parks, its cruise line, merchandise and video game licensing, reported operating income climbed 5% to $2.62 billion and revenue hit $9.49 billion in the quarter.

Operating income rose 5% at domestic parks, while operating income edged up 1% for international parks and Experiences.

Disney said Wednesday that current demand at its domestic parks and resorts is healthy, but that it is mindful of the macroeconomic uncertainty consumers are facing.