Carnival Isn't Immune to Volatility, But Cracks Aren't Showing Yet -- Market Talk

Dow Jones

Mar 21, 2025

1112 ET - Carnival Chief Executive Josh Weinstein didn't confirm investors' fears that consumers are starting to spend less on travel, but emphasized cruises aren't immune to economic volatility. On a call with investors, he fielded questions about consumer confidence, but said he hasn't seen signs of demand softening. There aren't many differences among high- and low-earning customers, travelers aren't trading down for cheaper options and onboard spending actually jumped 10% in 1Q and is continuing to grow during the current quarter, he said. "I just want to recognize that there's just a lot of volatility in the backdrop," Weinstein said. "We don't promise anything other than we're going to do our best." (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

March 21, 2025 11:12 ET (15:12 GMT)

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There aren't many differences among high- and low-earning customers, travelers aren't trading down for cheaper options and onboard spending actually jumped 10% in 1Q and is continuing to grow during the current quarter, he said. \"I just want to recognize that there's just a lot of volatility in the backdrop,\" Weinstein said. \"We don't promise anything other than we're going to do our best.\" (katherine.hamilton@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 21, 2025 11:12 ET (15:12 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2521235706","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2521235706","pubTimestamp":1742569920,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1112 ET - Carnival Chief Executive Josh Weinstein didn't confirm investors' fears that consumers are starting to spend less on travel, but emphasized cruises aren't immune to economic volatility. 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