The Numbers Don't Lie: Carnival Earnings Preview

The video discusses Carnival's significant milestone as the first US cruise line to dock in Cuba in over 50 years. It highlights Carnival's leading position in the cruise industry, with a focus on its market share and capacity. The financial performance of Carnival is analyzed, noting a slight revenue decline in 2015 due to a drop in net revenue yield. The video also covers Carnival's profitability, emphasizing improved operating margins and reduced fuel costs. Finally, it explores Carnival's strategic expansion into the Asian market, particularly China, to tap into the growing cruise industry there.

What milestone did Carnival achieve in terms of docking in a specific country?

• First cruise line to use renewable energy

• First US cruise line to dock in over 50 years

• First cruise line to offer luxury services

• First cruise line to operate in Asia

What does berth capacity refer to in the cruise industry?

• The total weight a ship can hold

• The number of crew members on board

• The number of rooms available on a ship

• The number of passengers a ship can carry

In fiscal 2015, what was the percentage decline in Carnival's revenue?

• 10%

• 1%

• 2%

• 5%

What factor contributed to the improvement in Carnival's operating margins?

• Expansion into Europe

• Higher occupancy rates

• Lower fuel costs

• Increased ticket prices

Which region is Carnival focusing on to expand its market presence?

• South America

• Asia

• Africa

• Europe