Carnival raises annual profit forecast on strong cruise demand, warns of volatility

(Reuters) -
Although customers have been more than willing to book premium voyages and splurge on board, U.S. President Donald Trump's recent tariff policies could increase inflation further and hinder consumer spending on discretionary activities.
"Even with our resilience and strong visibility... we aren't taking the current backdrop lightly," Carnival CEO
Carnival forecast current-quarter adjusted profit of
Shares of the company were down 2% in early trading.
Smaller rival Viking Holdings has also flagged softer revenues for February, reflecting macroeconomic uncertainties.
Travel group AAA in late January forecast that cruise vacation passenger growth was likely to cool off after seeing a post-pandemic boom.
Carnival, however, expects occupancy for 2025 to be in line with the previous year's record levels.
It sees fiscal 2025 adjusted earnings per share of about
On an adjusted basis, Carnival reported a profit of
Revenue came in at
(Reporting by Neil J Kanatt in Bengaluru and
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