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DCL revenue passes pre-pandemic levels, Disney Wish occupancy tops 90%

Disney Wish entered revenue service in July at Port Canaveral
Disney Cruise Line was a 'meaningful contributor' to the year-over-year fourth quarter increase in Walt Disney Co.'s Parks, Experiences and Products segment.

The company said this reflected the successful launch of Disney Wish in July and continued recovery of the existing fleet coming out of the pandemic.

Booked revenue above pre-pandemic levels

Disney Wish occupancy continues to exceed 90%, according to Christine McCarthy, senior EVP/CFO, Walt Disney Co. She added: 'We have also seen a meaningful pickup in the rest of our fleet with booked revenue up versus pre-pandemic levels.'

Walt Disney Co.'s diluted earnings per share from continuing operations for Q4 were comparable to the prior-year quarter at 9 cents. Excluding certain items , diluted EPS for the quarter decreased to 30 cents from 37 cents in the prior-year quarter.

Parks, Experiences and Products segment

In the Parks, Experiences and Products segment, including Disney Cruise Line, operating income shot up 100%, to $1.51b from $640m in the year-ago quarter, while revenue rose 36% to $7.42b, up from $5.45b.