Carnival Corporation & plc (NYSE:CCL) Q2 2025 Earnings Conference Call June 24, 2025 10:00 AM ET
Company Participants
Beth Roberts – Senior Vice President of Investor Relations
David Bernstein – CFO & Chief Accounting Officer
Joshua Ian Weinstein – CEO & Director
Conference Call Participants
Benjamin Nicolas Chaiken – Mizuho Securities USA LLC, Research Division
Brandt Antoine Montour – Barclays Bank PLC, Research Division
Christopher Nicholas Stathoulopoulos – Susquehanna Financial Group, LLLP, Research Division
Conor T. Cunningham – Melius Research LLC
David Brian Katz – Jefferies LLC, Research Division
James Lloyd Hardiman – Citigroup Inc., Research Division
Matthew Robert Boss – JPMorgan Chase & Co, Research Division
Robin Margaret Farley – UBS Investment Bank, Research Division
Sharon Zackfia – William Blair & Company L.L.C., Research Division
Steven Moyer Wieczynski – Stifel, Nicolaus & Company, Incorporated, Research Division
Xian Siew Hew Sam – BNP Paribas Exane, Research Division
Operator
Greetings. Welcome to the Carnival Corporation & plc’s Second Quarter 2025 Earnings Call. [Operator Instructions]. As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Beth Roberts, Senior Vice President, Investor Relations. Thank you, Beth. You may now begin.
Beth Roberts
Thank you. Good morning, and welcome to our second quarter 2025 earnings conference call. I’m joined today by our CEO, Josh Weinstein; our CFO, David Bernstein; and our Chair, Micky Arison.
Before we begin, please note that some of our remarks on this call will be forward-looking. Therefore, I will refer you to the forward- looking statement in today’s press release. All references to ticket prices, yields and cruise costs without fuel will be in constant currency unless otherwise stated. References to yields will be on a net basis. References to cruise costs without fuel, EBITDA, net income, ROIC and related statistics for all will be on an adjusted basis unless otherwise stated. All these references
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