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Carnival PLC - CUK STOCK NEWS

Welcome to our dedicated page for Carnival PLC news (Ticker: CUK), a resource for investors and traders seeking the latest updates and insights on Carnival PLC stock.

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is a British-American cruise operator, recognized as the largest global cruise company. Headquartered in Miami, Florida, the company boasts a diverse portfolio of ten cruise line brands, including Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival's fleet encompasses over 100 vessels, providing a range of memorable vacation experiences worldwide.

With 92 ships in service by the end of fiscal 2023, Carnival has demonstrated significant recovery and growth, especially after the pandemic. The company saw nearly 13 million guests in 2019, a figure they matched again in 2023. Among its notable achievements and current projects, Carnival continues to innovate in sustainable travel. Holland America Line, for example, began a long-term biofuel test on its flagship, Rotterdam, aiming to reduce greenhouse gas emissions significantly.

Recent news highlights the company's commitment to enriching guest experiences. Princess Cruises introduced an immersive 'Voyage to the Stars' experience in Alaska, while Holland America Line's Global Fresh Fish Program was featured on 'Top Chef'. Additionally, Seabourn's launch of its Zero @ Sea mixology program showcases unique non-alcoholic cocktails, responding to evolving guest preferences.

Carnival Corporation's future projects are also promising. The Princess Cruises fleet is set to expand its itineraries in Japan and Southeast Asia for the 2025-26 season, with Diamond Princess leading the way. Moreover, the Seabourn Odyssey will offer nostalgic final voyages through Alaska before transitioning out of the fleet.

Financially, Carnival Corporation continues to show resilience and growth, reflected in their latest fiscal reports and quarterly earnings. Investors and stakeholders can look forward to a conference call scheduled on June 25, 2024, to discuss second-quarter financial results. This proactive engagement underscores Carnival's dedication to transparency and shareholder value.

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Princess Cruises' main dining rooms across its fleet of 15 ships have been honored with an Award of Excellence in Wine Spectator's 2023 Restaurant Awards. The cruise line received this recognition for its well-curated wine lists that pair well with the menu, offering a well-rounded culinary experience. Princess Cruises has the most honorees among all cruise lines. The wine list includes over 250 labels, representing major varietals and wine-growing regions from around the world. The menu is approachable with various price points and descriptions, making it easy for all types of wine drinkers to enjoy. Princess Cruises also offers special lists for women winemakers and identifies biodynamic, organic, vegan, and sustainable wines. They recently partnered with Caymus Vineyards to offer an exclusive winemaker dinner.
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Carnival Corporation reports Q2 2023 earnings, with a net loss of $407 million and adjusted EBITDA of $681 million. The company achieved record revenue of $4.9 billion and total customer deposits reached an all-time high of $7.2 billion. Carnival introduces its SEA Change Program, aiming for sustainability and increased EBITDA and ROIC.
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Princess Cruises announces new wedding packages and names Randy Fenoli as Love and Romance Ambassador. The packages offer unique and romantic ways to say 'I do' at a significantly lower price compared to land-based venues. Fenoli will host a bridal fashion themed cruise in December 2023 and develop a signature wedding package exclusive to The Love Boat.
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Princess Cruises is introducing Park19, an engaging family activity zone on its new Sun Princess ship. The space features nine activities for multi-generational families to enjoy, including a Rollglider, climbing structure, observation deck, hammock area, splash zone, and more. The ship also offers Youth & Teen Centers with age-appropriate areas and activities for younger guests. Sun Princess is a MedallionClass ship with advanced connectivity features. Inaugural 2024 cruises are currently on sale.
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Carnival Cruise Line welcomes first guests on Carnival Venezia from New York City. Launch coincides with busy summer travel season and marks the first of three ships to join the fleet. Ship's debut features special blessing and visit by Jay Leno as the ship's first godfather. Carnival Venezia introduces 'Carnival Fun Italian Style' and offers varied itineraries.
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FAQ

What is the current stock price of Carnival PLC (CUK)?

The current stock price of Carnival PLC (CUK) is $22.1 as of November 15, 2024.

What is the market cap of Carnival PLC (CUK)?

The market cap of Carnival PLC (CUK) is approximately 28.0B.

What brands are part of Carnival Corporation & plc?

Carnival Corporation & plc's brands include Carnival Cruise Lines, Holland America, Princess Cruises, Seabourn, P&O Cruises, Cunard Line, Aida, Costa Cruises, and P&O Cruises Australia.

How many ships does Carnival Corporation operate?

Carnival Corporation operates over 100 vessels across its ten cruise line brands.

What recent sustainability initiatives has Carnival Corporation undertaken?

Holland America Line started a long-term test of 100% low carbon intensity biofuel on its ship, Rotterdam, aiming to reduce greenhouse gas emissions.

What new experiences are available on Princess Cruises?

Princess Cruises introduced the 'Voyage to the Stars' experience in Alaska, featuring an immersive planetarium show of the Northern Lights and new culinary adventures.

How has Carnival Corporation recovered post-COVID-19?

Carnival Corporation attracted nearly 13 million guests in 2023, matching their 2019 pre-pandemic levels, demonstrating significant recovery and growth.

What are some highlights of the Seabourn Odyssey's final season?

Seabourn Odyssey's final season will feature 12 seven-day voyages through the Alaska Inside Passage, unique Ventures by Seabourn excursions, and a special 22-day Farewell Voyage to Japan.

How does Carnival Corporation engage with its investors?

Carnival Corporation holds regular financial results conference calls, like the upcoming one on June 25, 2024, to discuss second-quarter financial results with analysts.

What culinary innovations has Carnival Corporation introduced?

Carnival Corporation's Holland America Line featured its Global Fresh Fish Program on 'Top Chef', highlighting sustainable fish sourcing and culinary excellence.

What is the Zero @ Sea program by Seabourn?

Zero @ Sea is Seabourn's new non-alcoholic mixology program, offering a unique array of zero-proof cocktails available fleetwide.

Where can I find more information about Carnival Corporation's cruise offerings?

You can find more information on Carnival Corporation's cruise offerings on their official websites, such as carnivalcorp.com, hollandamerica.com, seabourn.com, and princess.com.

Carnival PLC

NYSE:CUK

CUK Rankings

CUK Stock Data

27.98B
187.68M
24.94%
0.3%
Leisure
Water Transportation
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United States of America
SOUTHAMPTON SO15 1ST