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Carnival Says Cruise Bookings Are Strong. Its Stock Slides Anyway.
Investopedia· 2025-09-29 20:15
Carnival reported better-than-expected third-quarter results and boosted its outlook. Cruise companies are a good indicator of discretionary spending because the industry relies on consumers having extra income. Growth in discretionary spending underscores the strength of the broader economy. Still, the company has "nearly half of 2026 booked, which is in line with 2025 record levels (at the same time last year) but now at historical high prices (in constant currency) for both our North America and Europe s ...