Carnival vs H&M (Hennes & Mauritz)

About

Carnival Corporation & plc is a Miami, Florida-based global cruise company — publicly traded on both the New York Stock Exchange (NYSE: CCL) and the London Stock Exchange (LSE: CCL) as an S&P 500 Consumer Discretionary component — operating the world's largest fleet of cruise ships across nine distinct cruise brands serving North American, European, and Australian vacationers: Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), P&O Cruises (Australia), and Cunard, through approximately 160,000 employees and 90+ ships calling on 700+ ports in all seven continents. In fiscal year 2024 (ending August 2024), Carnival achieved record total revenues of $25 billion (+15% year-over-year), net income of $1.9 billion, and record adjusted EBITDA of $6.1 billion (+40%) — with management guiding approximately 20% earnings growth for 2025, supported by nearly two-thirds of the year already booked at all-time high pricing and occupancy levels at the time of guidance. CEO Josh Weinstein, who assumed leadership in 2022, has led the company's post-COVID financial recovery from the industry's most severe disruption — a 15-month fleet shutdown (March 2020 to June 2021) that required Carnival to raise $30+ billion in emergency debt and equity capital — toward the current record performance cycle.