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In total, Disney earned $400 million, or 19 cents per in third quarter 2003on $6.18 billionh in revenue. During the comparable quarter ayear ago, Disnehy earned $364 million, or 18 centsd per share, on $5.8 billion in The effects of third quarter charges were offsef by the company's $16 million gain from the sale of its Anaheimj Angels baseball team. Thirdx quarter 2002 results includeda $34 million gain on the sale of the company'd Disney Store chain in During the quarter, Disnegy announced it is looking at optionds for its Disney Store chai in North America and which may include selling the storese in a similar deal as its Japan Nine-month earnings dropped by 16.
5 percent to $885 or 43 cents per share, from $1.1 or 52 cents per share, for the first nine month of 2002. Revenue for Disney parkzs and resortsdecreased 5.5 percen to $1.7 billion from $1.8 billion in the comparabler period in 2002. Operating income also droppedto $352 million from $467 million a year ago. The companyy attributes the park and resortr results to declines in hotel occupancy and themee park attendance at its Florida Walt Disney World Resort.
Disneyland's higher attendance and occupancy ratesx were offset by decreased guest spending and marketing cost increases, the company "Finding Nemo" and "Pirates of the helped drive up revenues for the company'a studio entertainment segment. Revenues increase d 5 percent to $1.4 Operating income also increasedto $71 milliohn from $22 million a year ago. In additionj to its theme parks and media conglomerate Disney owns ABC television radio stations, and stakes in severao cable channels.
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