Fuel prices rose nearly 30% year over year, compressing Carnival's gross margin yields by 3.9% in the second quarter. Operational efficiencies helped offset the hit: fuel consumption per available lower berth day improved 5.6%, reflecting the company's ongoing investments to reduce consumption. Adjusted cruise costs excluding fuel per ALBD, in constant currency, were flat compared with the prior year. The company says sharpened cost discipline enabled it to exceed March guidance by $100 million, turning what could have been a significant drag into a more contained headwind.
This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.
(END) Dow Jones Newswires
June 23, 2026 10:21 ET (14:21 GMT)
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