Carnival Corp Stock Price, News & Analysis

Princess Cruises (NYSE: CCL) announced that Sun Princess was named the #1 Mega Cruise Ship in the 2025 Condé Nast Traveler Readers' Choice Awards for the second consecutive year on Oct. 7, 2025. Launched in 2024 as the first Sphere-Class vessel, Sun Princess is a 177,882-ton ship with capacity for 4,300 guests. The ship features The Dome, Spellbound by Magic Castle, 30 restaurant and bar venues, over 1,500 balcony staterooms, and the Sanctuary Collection private spaces. Princess noted the Sphere Class will expand with sister-ship Star Princess, which began service earlier this month. The recognition highlights guest-facing design, entertainment, dining, and service features across Mediterranean, Caribbean, and other itineraries.

Princess Cruises (NYSE: CCL) announced the maiden voyage of Star Princess from Barcelona on October 4, 2025. The Sphere‑Class ship is 177,800 tons, carries up to 4,300 guests, and offers 30 dining and bar venues, over 1,500 balcony staterooms, and expanded specialty-dining seating.

The 11‑day Inaugural Western Mediterranean voyage (Oct 4–15, 2025) visits Marseille, Rome (Civitavecchia), Naples, Sicily, Cartagena, and Gibraltar. Star Princess will reposition to Fort Lauderdale for Caribbean cruises and an official naming ceremony on November 6, 2025, then transit to Seattle for Alaska in summer 2026.

Carnival Corporation (NYSE: CCL) has expanded its meal donation program into Latin America, marking a historic first for the cruise industry. The company has signed MOUs with food banks and community partners in Mexico, Honduras, and the Dominican Republic to donate surplus prepared meals from its ships to communities in need.

The program, part of Carnival's Less Left Over food waste reduction strategy, will now operate in 19 destinations worldwide. Since its inception in 2017 through Costa Cruises, the program has delivered over 300,000 unserved meals across various locations. The expansion includes partnerships with Bancos de Alimentos de Mexico, Roatán's local government, and organizations in Puerto Plata.

Carnival Corporation's Princess Cruises (NYSE:CCL) has announced the launch of "Sip at Sea: A Princess Cruises Cocktail Collection" on Amazon and across its 17-ship fleet. Created in collaboration with global mixologist Rob Floyd, the interactive cocktail book features guest-favorite recipes, full-color photos, and QR-linked video tutorials.

The collection showcases cocktails made with Princess' Love Line Premium Liquors, including celebrity-partnered spirits like Pantalones Organic Tequila by the McConaugheys, Sláinte Irish Whiskey by Liv Schreiber, and MEILI Vodka by Jason Momoa. The book aims to bring the cruise experience home through detailed recipes, entertaining backstories, and step-by-step instructions.

Holland America Line (NYSE:CCL) announced its debut float in the 99th Macy's Thanksgiving Day Parade on November 27, 2025, celebrating nearly 80 years of Alaska exploration. The float will feature the largest kinetic sculpture in Parade history, showcasing Alaska's landscapes, wildlife, and glaciers through dynamic design elements.

The float unveiling took place in Juneau aboard Eurodam on September 29, 2025, attended by local officials and tourism representatives. Holland America Line, approaching its 80th anniversary of Alaska operations in 2027, currently operates six ships in the region with itineraries ranging from 7 to 28 days, including exclusive Yukon Cruisetours.

Carnival Corporation (NYSE: CCL) has announced the pricing of $1.25 billion in senior unsecured notes with a 5.125% interest rate, due 2029. The company plans to use the proceeds, along with cash on hand, to redeem $2.0 billion of 6.000% senior unsecured notes due 2029.

The new notes will pay interest semi-annually starting May 1, 2026, and will be fully guaranteed by Carnival plc and certain subsidiaries. The offering, expected to close on October 15, 2025, represents a strategic move to reduce interest expenses and features investment grade-style covenants.

Princess Cruises (NYSE:CCL) has announced that Camila and Matthew McConaughey, co-founders of Pantalones Organic Tequila, will serve as godparents of the new Star Princess cruise ship. The 177,800-ton, 4,300-guest vessel will be christened during a naming ceremony in Fort Lauderdale on November 6.

The Star Princess features 30 dining and bar venues, over 1,500 balcony staterooms, and exclusive amenities including The Sanctuary Collection, The Dome, The Princess Arena, and The Piazza. The ship will debut in the Mediterranean on October 4, 2025, before beginning Caribbean voyages from Ft. Lauderdale, followed by an Alaska season.

Princess Cruises serves signature cocktails featuring Pantalones Organic Tequila across its fleet, including the popular 24K Gold Margarita, as part of its Love Line Premium Liquors collection.

Carnival Corporation (NYSE/LSE: CCL) has announced a new private offering of $1.25 billion senior unsecured notes due 2029. The cruise line operator plans to use the proceeds, along with cash on hand, to fully redeem its existing $2.0 billion 6.000% senior unsecured notes due 2029.

The new notes will be offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. investors under Regulation S. The company expects the new notes to have investment grade-style covenants and aims to reduce its interest expense through this refinancing.

Carnival Corporation (NYSE:CCL) reported exceptional Q3 2025 financial results, achieving all-time high net income of $1.9 billion and adjusted net income of $2.0 billion. The company delivered record revenues of $8.2 billion, marking its tenth consecutive quarter of record performance.

Key highlights include a 4.6% improvement in net yields in constant currency, strong booking trends for 2026 at historical high prices, and refinancing of $4.5 billion in debt. The company raised its full year 2025 adjusted net income guidance for the third time, now expected to be up nearly 55% year-over-year.

Notable achievements include reaching a 13% adjusted return on invested capital, the successful opening of Celebration Key destination, and record customer deposits of $7.1 billion. The company's net debt to adjusted EBITDA ratio improved to 3.6x from 4.7x year-over-year.