Carnival plc(CUK)
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Princess Cruises Expands Northern Europe Portfolio with Unprecedented Itineraries and Shore Excursions for 2027
Prnewswire· 2026-01-06 15:00
Regal Princess Sails the Region on 48 Voyages, Ranging in Length from 7 to 64 Days FORT LAUDERDALE, Fla., Jan. 6, 2026 /PRNewswire/ -- Princess Cruises is launching an extended Northern Europe program for 2027, offering 48 voyages to 54 incredible destinations across 18 countries. On sale January 13, 2026, the program highlights brand-new itineraries and the line's most immersive European voyage ever: the 64-day Ultimate European Journey, which will give travelers even more exciting ways to explore and cust ...
Princess Cruises Rings in New Year's Day with Star Princess Alaska-Themed Float in the Rose Parade®
Prnewswire· 2026-01-01 20:51
Core Insights - Princess Cruises celebrated the New Year by unveiling its "Together in the Magic of Alaska" float at the 137th Rose Parade, highlighting the debut of its newest ship, Star Princess, for the 2026 Alaska season [1][7] Company Overview - Princess Cruises is recognized as the 1 cruise line in Alaska, with the 2026 season being its largest ever, featuring eight ships, 180 departures, and 19 destinations [7] - The Star Princess is a 177,800-ton vessel designed to accommodate 4,300 guests, showcasing advanced features such as The Dome and a sphere-shaped Piazza [6] Float Design and Features - The float, designed by Artistic Entertainment Services, is approximately 55 feet long and 21 feet high, adorned with over 300,000 flowers and natural materials, depicting Alaska's wildlife and scenery [3][2] - Floral elements include Blue Tweedia, representing Alaska's state flower, and various other authentic Alaskan florals, creating a lush representation of the state's natural beauty [5][2] Thematic Elements - The float's theme, "The Magic in Teamwork," reflects the dedication of Princess Cruises' 25,000 crew members who contribute to delivering exceptional travel experiences [4] - Performers danced to a reimagined version of "The Love Boat" theme song, connecting the float to the brand's legacy and its role in popularizing cruise vacations [5]
Best Stock to Buy Right Now: Carnival vs. Viking
Yahoo Finance· 2025-12-29 12:05
Key Points Carnival posted blowout results this week, and the shares are trading for just 12 times forward earnings. Viking is trading for almost 30 times forward earnings, but it's growing a lot faster. The cruise line industry is well positioned to beat the market in 2026, but only one stock can deliver superior returns. These 10 stocks could mint the next wave of millionaires › On a planet whose surface consists mostly of water, it's not a surprise to see different companies cashing in on tra ...
Princess Cruises Christens Star Princess Tournament of Roses Float With Celebration Ambassador Jill Whelan
Prnewswire· 2025-12-23 22:05
Core Insights - Princess Cruises celebrated the christening of its Rose Parade float, named Star Princess, with a ceremonial break of a bottle of Pantalones Organic Tequila, honoring its maritime heritage [1][2] - The float showcases the design of the newest ship, Star Princess, featuring Sphere Class architecture and is set to highlight the upcoming 2026 inaugural Alaska season [2][3] Company Overview - Princess Cruises is recognized as the 1 cruise line in Alaska, offering vivid experiences that reflect the breathtaking landscapes and wildlife of the region [3] - The company is part of Carnival Corporation & plc and is known for delivering dream vacations with elite service and a variety of activities across numerous global destinations [8] Float Details - The float measures approximately 55 feet long and 21 feet high, decorated with over 300,000 flowers and natural materials, designed to evoke the beauty of Alaska [5] - The Rose Parade attracts around 800,000 spectators along its route and over 28 million U.S. television viewers, making it a significant event for brand visibility [4]
Carnival Stock Ends 2025 on a High Seas Note
Yahoo Finance· 2025-12-22 17:32
Key Points Carnival posted better-than-expected financial results for its fiscal fourth quarter at the end of last week. It also reinstated the dividend it suspended at the onset of the pandemic. The stock now yields a respectable 1.9% for income investors. Carnival, Royal Caribbean, and Norwegian Cruise Line disappointed in the third quarter, but growth is starting to accelerate. 10 stocks we like better than Carnival Corp. › Better late than never, Carnival Corp. (NYSE: CUK) (NYSE: CCL). The ...
Carnival (CUK) Touches 5-Year High on Earnings Blowout, Upbeat Outlook
Yahoo Finance· 2025-12-20 13:13
Core Insights - Carnival Corp. & PLC (NYSE:CUK) experienced a significant stock price increase, reaching a five-year high due to strong earnings and a positive outlook for the upcoming year [1][3]. Financial Performance - In Q4 of fiscal year 2025, Carnival Corp. reported a 39% increase in net income, rising to $422 million from $303 million year-on-year [2]. - Total revenues for the same period grew by 6.8%, reaching $6.3 billion compared to $5.9 billion in the previous year, driven by strong sales from passenger tickets and onboard services [3]. Future Outlook - For the next fiscal year, Carnival Corp. aims for a 12% year-on-year growth in adjusted net income, with net yields expected to increase by 2.5% in constant currency compared to 2025 [5]. - In the first quarter, net yields are projected to grow by 1.6% compared to the same period in 2025 [5]. Dividend Announcement - The company announced a dividend of $0.15 per share for shareholders as of February 13, 2026, payable on February 27, 2026, reflecting confidence in its financial stability [4].
Why Carnival Stock Jumped Today
Yahoo Finance· 2025-12-20 00:09
Key Points The cruise industry is alive and well. After years of turbulence, management sees calmer seas ahead. 10 stocks we like better than Carnival Corp. › Shares of Carnival (NYSE: CCL)(NYSE: CUK) climbed on Friday after the cruise line announced record earnings and issued an upbeat forecast for the year ahead. Image source: Carnival. Carnival's profits are soaring Carnival's fourth-quarter revenue rose 7% year over year to $6.3 billion. The company's net yields -- a key indicator of pricing ...
Carnival plc(CUK) - 2025 Q4 - Annual Results
2025-12-19 14:17
Financial Performance - Full year net income reached $2.8 billion, with record adjusted net income of $3.1 billion, up over 60% compared to the previous year[6] - Full year revenues totaled $26.6 billion, achieving record net yields in constant currency, outperforming guidance for the fourth time in 2025[6] - Adjusted return on invested capital (ROIC) exceeded 13%, with a net debt to adjusted EBITDA ratio of 3.4x, recognized as investment grade by Fitch[6] - For 2026, adjusted net income is expected to be $3.5 billion, surpassing record 2025 levels[6] - In Q1 2026, adjusted EBITDA was approximately $1.24 billion, while for the full year 2026, it is projected to be approximately $7.63 billion[21] - Adjusted net income for Q1 2026 was approximately $235 million, and for the full year 2026, it is expected to be approximately $3,450 million[21] - The company reported total revenues of $6.33 billion for the three months ended November 30, 2025, compared to $5.94 billion for the same period in 2024, reflecting a year-over-year increase of 6.6%[35] - Adjusted net income for the twelve months ended November 30, 2025, was $3,079 million, compared to $1,891 million in 2024, marking a significant increase of 62.8%[43] - The company reported a diluted earnings per share of $2.02 for the twelve months ended November 30, 2025, up from $1.44 in 2024, a growth of 40.3%[43] Customer Metrics - Record customer deposits reached $7.2 billion, exceeding the previous fourth quarter record[7] - The company achieved record booking volumes for 2026 and 2027 sailings, indicating strong demand for future cruises[9] - Customer deposits increased to $7,246 million in 2025 from $6,779 million in 2024, reflecting a growth of 6.9%[39] Cost and Expense Management - Adjusted cruise costs excluding fuel per available lower berth day (ALBD) are projected to rise approximately 9.6% in the first quarter of 2026[20] - Total cruise and tour operating expenses for the twelve months ended November 30, 2025, were $15.95 billion, compared to $15.64 billion for the previous year, indicating a slight increase[35] - Cruise and tour operating expenses for the three months ended November 30, 2025, were $3,910 million, compared to $3,833 million in 2024, reflecting an increase of 2%[47] - Adjusted cruise costs per ALBD for the twelve months ended November 30, 2025, were $142.41, up from $135.73 in 2024, indicating a year-over-year increase of 4.9%[47] - Adjusted cruise costs excluding fuel per ALBD for the twelve months ended November 30, 2025, were $124.81, compared to $116.99 in 2024, representing a 6.1% increase[47] - Total cruise costs for the twelve months ended November 30, 2025, were $19,154 million, compared to $18,678 million in 2024, marking a 2.5% increase[47] Future Projections - The first quarter of 2026 is expected to see net yields increase approximately 5.1% in current dollars and 1.6% in constant currency[20] - The company anticipates a 1% change in net yields to impact adjusted net income by $43 million in Q1 2026 and $204 million for the full year 2026[21] - Adjusted earnings per share (diluted) for Q1 2026 is approximately $0.17, with a projection of approximately $2.48 for the full year 2026[21] Governance and Corporate Actions - The company plans to unify its dual-listed framework into a single entity, Carnival Corporation, to streamline governance and reporting[15] - The quarterly dividend has been reinstated at $0.15 per share, reflecting confidence in future performance and commitment to shareholder value[10] - The company plans to file a Registration Statement with the SEC regarding proposed unification and redomiciliation transactions, which will contain important information for investors[61] Financial Ratios and Metrics - Adjusted EBITDA margin is defined as adjusted EBITDA divided by total revenues, providing insight into core operating profitability[50] - Net debt to adjusted EBITDA is a measure of overall leverage, defined as total debt less cash and cash equivalents divided by twelve-month adjusted EBITDA[51] - The company reports adjusted gross margin, net yields, and adjusted cruise costs on a "constant currency" basis to facilitate comparative analysis[59] - Gains and losses on ship sales and impairment charges are excluded from adjusted measures as they are not indicative of future earnings performance[49]
CARNIVAL CORPORATION & PLC ACHIEVES RECORD FULL YEAR ADJUSTED NET INCOME AND INVESTMENT GRADE LEVERAGE METRICS, REINSTATES DIVIDEND
Prnewswire· 2025-12-19 14:15
Core Insights - Carnival Corporation & plc reported strong financial results for Q4 and full year 2025, exceeding guidance due to robust demand and effective cost management [1][3][6] - The company reinstated its dividend, reflecting confidence in its long-term performance and financial stability [3][14] Financial Performance - Full year net income reached $2.8 billion, with adjusted net income at a record $3.1 billion, up over 60% from the previous year [6][7] - Record revenues of $26.6 billion were achieved, driven by record net yields in constant currency [6][7] - Operating income for the year was $4.5 billion, a 25% increase compared to the prior year [6] - Adjusted EBITDA for the year was $7.2 billion, exceeding the previous year by over $1 billion [6] Cost Management - Cruise costs per available lower berth day (ALBD) increased by 2.2% compared to 2024, while adjusted cruise costs excluding fuel per ALBD rose by only 0.5%, outperforming guidance [5][6] - Fuel consumption per ALBD decreased by 5.6% due to ongoing efforts to reduce fuel usage [12] Booking Trends - The company reported record booking volumes for 2026 and 2027, with strong demand continuing from Black Friday through Cyber Monday [10] - Approximately two-thirds of occupancy for the upcoming year is already booked at historical high prices in constant currency [9][10] 2026 Outlook - For 2026, the company expects adjusted net income to reach $3.5 billion, surpassing 2025 levels [6][11] - The first quarter of 2026 is projected to see net yields increase by approximately 5.1% year-over-year [24] Corporate Structure Changes - Carnival Corporation proposed unifying its dual-listed framework into a single company listed solely on the New York Stock Exchange, which is expected to streamline governance and enhance shareholder value [19][20] - The company plans to shift its legal incorporation from Panama to Bermuda, aligning with international financial standards [19] Recent Developments - The company successfully completed a $19 billion refinancing plan, improving its net debt to adjusted EBITDA ratio to 3.4x, recognized as investment grade by Fitch [11][15] - Record customer deposits of $7.2 billion were reported, surpassing the previous fourth quarter record [12]
Stabilis Solutions Announces Multi-Year Marine Bunkering Agreement with Carnival Coprporation at Proposed Galveston LNG Liquefaction Facility
Accessnewswire· 2025-12-18 21:45
Carnival represents the second anchor offtake agreement announced in connection with the Galveston LNG project. HOUSTON, TX / ACCESS Newswire / December 18, 2025 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean energy production, storage, and delivery solutions, today announced that it has entered into a definitive, 10-year offtake agreement (the "Agreement") with Carnival Corporation & plc ("Carnival") (NYSE/LSE:CCL; NYSE:CUK) to supply Liquefied Natural ...