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 LOS ANGELES (AP) - The Walt Disney Co. exceeded second-quarter profit expectations, but its performance for the rest of the year is largely up to a pirate captain named Jack Sparrow and a gourmet animated rat named Remy.
The Burbank-based media conglomerate said Tuesday that net profit rose 27 percent in the quarter that ended March 31, boosted by strong results from its film studio, advertising sales at ESPN and international sales of its TV shows, including "Desperate Housewives."
Although revenue was essentially flat, profits were helped by some cost cutting at the studio and an unexpected hit, the motorcycle road trip adventure "Wild Hogs" with John Travolta.
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