Royal Caribbean CEO Touts ‘Double-Digit Growth’ As Record Pricing Boosts Q2 Results
Royal Caribbean Earnings beat estimates and lifted profit guidance, but softer sales guidance and booking pressure weighed on shares.
Royal Caribbean made more money than expected this quarter because people paid higher prices for cruises. When you see this, think about whether customers keep wanting vacations even when prices go up—that shows the company is doing something right.
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