$CCL

Levi's reported Q3 revenue of $8.44B, up 3.5% YoY, beating estimates. Carnival's stock rose 19.2% post-earnings. Scholastic saw revenue decline 3.9% YoY, missing estimates. Nike's revenue fell 4.3% YoY, slightly below expectations. Delta's revenue grew 21.1% YoY, topping estimates but missing EPS guidance. The market has shifted focus from AI to geopolitics and back to fundamentals.

Carnival Corporation (CCL) trades at 11.5x earnings, half the S&P 500's 22.7x. Q3 2026 net income rose to $1.92B, but debt remains high at 69.8% of market value. Management forecasts 2027 pricing strength despite early booking setbacks, with next earnings report due December 18, 2026.

Carnival Corp. (CCL) shares rose 17% in a month to $26.42 after reporting record 2027 bookings, outpacing rivals Royal Caribbean (RCL) and Norwegian Cruise Line (NCLH). The company cited strong demand and cost discipline for its Q3 2026 results. Investors debate whether to take profits or hold, pending 2027 pricing confirmation.

Carnival, Royal Caribbean, MSC, and Norwegian Cruise Line are investing in private destinations to boost passenger spending and profitability. Carnival expects 3.5 million passengers at its Caribbean destinations next year. Royal Caribbean's Perfect Day at CocoCay has driven demand for shorter itineraries. Disney Cruise Line expanded with Lookout Cay at Lighthouse Point. These investments aim to enhance the cruise experience and generate additional revenue.

Carnival Cruise Line will reduce its year-round Australian fleet from four to two ships by March 2028, removing Carnival Luminosa and Carnival Adventure. The company cites long-term fleet planning and operating conditions. Carnival Splendor and Carnival Encounter will remain. Carnival also introduced FunPacks, bundled offers for guests, available until 30 October for sailings through 2027.

Carnival Corporation (CCL) trades at 11.6x earnings, lower than the S&P 500. Management shifted focus from debt reduction to share buybacks, repurchasing $1.2B in six months. Debt decreased to $24B from a 2023 peak of $36B, earning investment-grade ratings. CCL plans $2B for buybacks and dividends in fiscal 2026, with sales growth slowing to 5.2%.

Carnival Cruise Line introduced 'FunPacks' bundles, including drink packages, Wi-Fi, and other amenities. The Epic FunPack costs $99 per day, offering savings on individual purchases. Carnival also unveiled a new CHEERS! Social drink package with limited alcoholic beverages. Starting December 1, 2026, the company will implement dynamic pricing for beverage packages and Wi-Fi plans, varying by sailing length, itinerary, and season.

Carnival Corporation renewed its partnership with Seatrium for ship maintenance and upgrades through 2029. Three ships are scheduled for work in Q4 2026, with more expected. The agreement covers 8 cruise brands and ensures regular maintenance.

Tigress Financial kept a Buy rating on Carnival with a $42 price target, suggesting 57.1% upside. The company reported Q3 revenue of $8.44B and adjusted EPS of $1.43, exceeding expectations. Carnival also saw record bookings for 2027, indicating strong demand and growth potential.

Carnival Corp.'s (CCL) Princess Cruises has announced new itineraries for 2028 and 2029, including Amazon River and Panama Canal voyages, aiming to leverage high cruise demand and expand its offerings.