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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 announces a promotional offer to enhance vacation planning with a $1 deposit available from June 30 to July 5, 2022. This allows guests to secure cruises without full payment until 90 days prior. Additionally, the cruise line offers significant discounts of up to 40% on 2022 voyages and 25% on 2023 cruises. Selected cruise fares start at $419 for various destinations, appealing to travelers looking for affordable vacation options.

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Carnival Corporation (NYSE: CCL; NYSE: CUK) reported a second quarter 2022 net loss of $1.8 billion, yet saw robust operational improvements with cash from operations turning positive. Revenue surged nearly 50% from Q1 2022, propelled by occupancy rising to 69% and customer deposits increasing by $1.4 billion, totaling $5.1 billion. The company anticipates continued recovery with over 90% of its fleet operational. Upcoming leadership changes include Josh Weinstein becoming President and CEO. Despite ongoing industry challenges, booking volumes nearly doubled and are expected to exceed 2019 levels in the latter half of 2022.

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Princess Cruises has been officially certified by the Italian Chamber of Commerce for its gelato shops aboard Discovery Princess, Enchanted Princess, and Sky Princess. This makes them the first to provide an authentic Italian gelato experience outside Italy. The designation ensures high-quality standards in the gelato-making process, using Italian-certified ingredients. Fresh gelato is handcrafted daily, with flavors including vanilla, chocolate, and more. The certification emphasizes Princess Cruises' commitment to delivering authentic Italian culture and culinary excellence to its guests.

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Carnival Corporation & plc (NYSE: CCL; NYSE: CUK) will hold a conference call on June 24, 2022, at 10 a.m. (EDT) to discuss a business update. The call will be available via streaming on the company's official websites: carnivalcorp.com and carnivalplc.com.

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Holland America Line's Westerdam returned to service on June 12, 2022, marking the completion of its fleet's full operational status after a two-year pandemic pause. This milestone follows the restart of cruising for the brand in July 2021. The ship will offer a seven-day cruise to Alaska and will subsequently reposition for a 36-day journey to Sydney, Australia, making 17 stops at various islands. The fleet now includes all 11 ships operational, enhancing its offerings in global cruising.

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Holland America Line announces a partnership with the Alaska Seafood Marketing Institute (ASMI) to promote sustainably sourced local seafood during Alaska cruises. This collaboration, marking the first of its kind between ASMI and a major cruise line, aims to enhance guest experiences aboard its six ships, using over 4,000 pounds of sustainable seafood per cruise. The partnership will launch on July 5, featuring local chefs and seafood events. The Alaska seafood industry significantly contributes over $5.7 billion to Alaska's economy, highlighting the importance of sustainable practices in the region.

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Seabourn is celebrating the return of its entire fleet with the Seabourn Sojourn departing from Athens, Greece on June 6, 2022. This marks the first time since March 2020 that all five ultra-luxury ships are operational. Seabourn Sojourn will offer summer Mediterranean cruises, featuring 7-day voyages from Barcelona to Rome and a special 21-Day Mediterranean Tapestry round trip from Barcelona starting July 17. The ship will also embark on a 140-Day World Cruise beginning January 6, 2023.

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Holland America Line is celebrating its full fleet of 11 ships back in service as of June 12, 2022, with a special promotion called the Celebration Sale. The offer includes discounts of up to 50% on cruise fares, $50 onboard spending credit, and reduced deposits for bookings made by June 30, 2022. Travelers can explore various destinations, including Alaska, Caribbean, and Europe. The Worry Free Promise extends through 2022, allowing flexible cancellations and providing protection against COVID-19 related travel issues.

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FAQ

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

The current stock price of Carnival PLC (CUK) is $25.17 as of January 31, 2025.

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

The market cap of Carnival PLC (CUK) is approximately 33.1B.

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

33.06B
1.35B
27.29%
0.26%
Leisure
Water Transportation
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