Carnival (CCL) Q1 FY25 earnings call

Carnival delivered a strong Q1 FY25, setting multiple financial records and significantly outperforming guidance, driven by robust demand and effective cost management. The company raised its full-year earnings outlook, affirming strong yield expectations for the remainder of the year and demonstrating resilience amidst global volatility. Strategic investments in destinations and fleet enhancements are underway, while the company continues to prioritize debt reduction and aims for investment-grade leverage metrics by 2026.