Shutdown cost Disney $3.5 billion in theme park operating income

By Around the Web

(CNBC) — While Disney was able to reopen most of its international theme parks in recent months, the continued closure of Disney World and Disneyland in the U.S. resulted in a big financial hit.

On Tuesday, the company said the Covid-19 outbreak cost its Parks, Experiences and Products segment around $3.5 billion in lost operating income during its fiscal third-quarter.

That unit includes all six of Disney’s international theme parks, its cruise lines, hotels and tours, as well as its merchandise.

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