Carnival Corp (CCL) reports Q3 $7.9B revenue (+15% YoY), raises annual profit forecast due to strong cruise demand and cost savings.
Carnival Corporation (CCL) reported record Q3 revenue of $7.9 billion, a 15% increase year-over-year, and raised its annual profit forecast due to strong cruise demand and cost savings. Despite a slight dip in share price from lower-than-expected fourth-quarter guidance, positive outlooks for debt reduction could enhance investor sentiment. Dutch Bros (BROS) also showed promise, expanding rapidly and achieving a 30% revenue increase, with plans for over 4,000 shops.
September 30, 2024
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