The Walt Disney Co. said net income in the latest quarter rose 14 per cent thanks to an uptick in revenue driven by higher consumer spending at its theme parks and on its cruise ships. The results were announced a week after Disney said it would buy Lucasfilm Ltd. and revive the Star Wars franchise with a new trilogy starting in 2015. Net income in the three months to Sept. 29 rose to $1.24 billion, or 68 cents per share, from $1.09 billion, or 58 cents per share, a year ago.
Adjusted earnings of 68 cents per share matched the expectations of analysts polled by FactSet.
Revenue rose 3 per cent to $10.78 billion, slightly below the $10.93 billion analysts expected.
