In the final earnings report reflecting Michael Eisner's long reign as chief executive at the Walt Disney Co., the entertainment giant Thursday reported higher revenue and profit but a weak ending to the record fiscal year.

Despite a strong performance at Walt Disney World and from ABC and ESPN, fourth-quarter profit slipped 27 percent as a result of charges, including the expensing of stock options, and soft box-office results.

Poor showings by films such as Dark Water and The Brothers Grimm drove the film unit to its biggest loss in at least six years.