'We're having a record year there. It's much better than last year. It continues to improve,' Royal Caribbean CEO Richard Fain tells Jim Cramer.
, its lowest output in nearly three decades, as the country grapples with the ongoing trade war with the United States.
interview. "We're having a record year there. It's much better than last year. It continues to improve." The global cruise vacation company, which has a total of 26 ships to sail, saw sales grow about 20% in the second quarter to $2.81 billion, topping estimates, according to FactSet. Net income came in at $472.8 billion, which translates to $2.54 per share.
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