Royal Caribbean Cruises Ltd. Approves Appointment of Donald Thompson as Director
May 29 15
Royal Caribbean Cruises Ltd. at its Annual Meeting of shareholders held on May 28, 2015, approved appointment of Donald Thompson as director of the company.
Royal Caribbean Cruises Ltd. Provides Capital Expenditures Guidance for the Full Year of 2015, 2016, 2017, 2018 and 2019
May 8 15
Royal Caribbean Cruises Ltd. provided capital expenditures guidance for the full year of 2015, 2016, 2017, 2018 and 2019. The company projected capital expenditures for full year of 2015 are $1.6 billion.
The company projected capital expenditures for full year of 2016 are $2.3 billion.
The company projected capital expenditures for full year of 2017 are $0.4 billion.
The company projected capital expenditures for full year of 2018 are 2.4 billion.
The company projected capital expenditures for full year of 2019 are $1.3 billion.
Royal Caribbean Cruises Ltd. Declares Quarterly Dividend, Payable on June 2, 2015
May 6 15
The Board of Directors of Royal Caribbean Cruises Ltd. declared a quarterly dividend of $0.30 per common share payable on June 2, 2015, to shareholders of record at the close of business on May 19, 2015.
Royal Caribbean Cruises Ltd. Appoints Paul T. Parker as Senior Vice President and Chief Human Resources Officer
Apr 27 15
Royal Caribbean Cruises Ltd. announced that Paul T. Parker has been named senior vice president and chief human resources officer. Parker joins Royal Caribbean with more than 20 years of experience implementing human resources strategies for leading brands including Sabra Dipping Company, Deloitte & Touche, Colgate Palmolive, Campbell Soup and Nabisco Food Company. Parker will report directly to Adam Goldstein, president and COO of Royal Caribbean Cruises Ltd. Parker most recently served as vice president and chief human resources officer for Sabra Dipping Company, where he established a market-based compensation system, revised the selection and onboarding process and reduced turnover by 50% while increasing employee engagement scores by 25%. Prior to that, Parker was the senior client partner for BSG Partners. Throughout his career, he has held a variety of management positions, including chief people officer for Deloitte and vice president of human resources for Colgate Palmolive.
Royal Caribbean Cruises Ltd. Reports Unaudited Consolidated Earnings and Operating Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter and Full Year 2015
Apr 20 15
Royal Caribbean Cruises Ltd. reported unaudited consolidated earnings and operating results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenues of $1,815,599,000 compared to $1,887,224,000 a year ago. Operating income was $105,682,000 compared to $97,466,000 a year ago. Net income was $45,230,000 or $0.20 per diluted share compared to $26,457,000 or $0.12 per basic and diluted share a year ago. Net cash provided by operating activities was $426,427,000 compared to $315,786,000 a year ago. Purchases of property and equipment were $304,644,000 compared to $177,791,000 a year ago. Net debt as at March 31, 2015 was $8,329,900,000. Adjusted net income was $45,230,000 or $0.20 per diluted share compared to $46,119,000 or $0.21 per diluted share a year ago.
For the quarter, the company reported passengers carried of 1,335,518,000 compared to 1,278,234,000 a year ago. Passenger cruise days were 9,214,643,000 compared to 8,853,637,000 a year ago. APCD was 8,778,945,000 compared to 8,473,250,000 a year ago. Occupancy was 105.0% compared to 104.5% a year ago.
The company has updated full year 2015 adjusted EPS guidance to a range of $4.45 to $4.65 from $4.65 to $4.85. The strengthening of the US Dollar and the increase in fuel prices since January guidance is expected to negatively impact earnings by $0.36.
The company provided earnings guidance for the second quarter of 2015. The company expects adjusted earnings per share to be approximately $0.70 for the quarter.