Fiscal 2004 was an outstanding year for The Walt Disney Company. Each of our four operating segments delivered growth and strong financial performance, which, in turn, drove excellent Company-wide performance. During fiscal 2004, Disney:
Grew earnings per share by more than 60%,
Delivered record casf flow from operations, and
Saw our stock price increase by 11.8%.
[...]
As we begin the new fiscal year, we are confident in our ability to continue creating the kind of outstanding content that reinforces and enhances Disney's global appeal. Our research shows that our brands continue to be held in excellent regard by our guests (customers), and we will continue our efforts to drive strong financial performance and growth.
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