Carnival Corporation reports record Q3 revenue of $7.9B, a 15% YoY increase, and raises annual profit forecast.
Carnival Corporation (CCL) reported record Q3 revenue of $7.9 billion, reflecting a 15% increase year-over-year, and raised its annual profit forecast amid strong demand for cruises. However, its significant debt remains a concern. In contrast, Dutch Bros (BROS) is rapidly expanding its U.S. presence, achieving a 30% revenue increase year-over-year, with plans for over 4,000 locations. Its stock's appealing price-to-sales ratio suggests strong future returns.
September 30, 2024
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