Royal Caribbean Tells Investors to Expect Another Record Year
It is full steam ahead for Royal Caribbean (NYSE: RCL). The cruise ship giant this past week announced positive fiscal fourth-quarter earnings results as it closed its 10th consecutive year of sales gains. While the unpredictable impact of the coronavirus was on investors' minds, the recent operating trends and the company's outlook for the next few quarters all point to another record year ahead.
CEO Richard Fain and his executive team discussed that outlook, including the potential for more market share gains, in a conference call with investors. Let's look at some highlights from that presentation.
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Source Fool.com