Walt Disney Co. sounding more positive than in previous quarters, forecast stronger consumer sales in coming years and highlighted an uptick at its struggling theme parks.
Chief Executive Officer Bob Iger said bookings at theme parks from Disneyland in California to Walt Disney World in Florida had increased recently, extending a trend Disney first noted cautiously in early May.
Also on Wednesday, Disney head of consumer products Andrew Mooney said in a conference call with reporters that the company expects to nearly double its annual retail sales to $50 billion in the next five to seven years.
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