Norwegian Cruise Line Says Environment Unlikely to Improve Soon -- Market Talk

Dow Jones
2 hours ago

1222 ET - Norwegian Cruise Line's new outlook reflects an extremely challenging backdrop for the balance of the year, CFO Mark Kempa says on a call with analysts. The cruise operator reduces its full-year guidance for net yield, adjusted Ebitda and adjusted EPS. "Keep in mind, our prior guidance didn't include any impacts from the disruptions in the Middle East, which is creating incremental headwinds including pressure on the top line and higher fuel expense," Kempa says. He adds that the additional challenges are coming as Norwegian is already working to address internal missteps that have been weighing on operations. "In terms of pacing through the quarters, we currently expect 3Q to be significantly weaker than 2Q," Kempa says. "Looking to 4Q, we are assuming the consumer environment remains pressured." (connor.hart@wsj.com)

(END) Dow Jones Newswires

May 04, 2026 12:22 ET (16:22 GMT)

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