Nearly four months after its grand opening in Orlando, Universal Epic Universe is beating the company's expectations. That's according to the CEO of Universal Destinations & Experiences, Mark Woodbury.

He spoke about the progress of the new park this week during a Bank of America Securities Investor Conference. Latest Forecast

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Click here to read the full transcript.

"We're not giving up specific guidance on Epic, but I can tell you that the performance on food and beverage and merchandise exceed our expectations considerably, and the front gate at Epic is a premium over our other two parks," Woodbury said.

Universal carved out 750 acres of land in Orange County for Epic Universe. So far, the five immersive worlds take up a little

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