Harry Sommer

Well, first off, nice to be here this morning.

Thank you for having me.

I'll say I'm not really here to discuss Carnival's earnings.

Of course not.

But I think overall, the cruise lines have had a tremendous run-up in stock, us included.

I think over the last three months, our stock is up the most in the industry, and we're very, very proud of that.

Consumer demand is robust.

The guests love the guests' experience.

It reflects a tremendous value and a much better experience than hotels and resorts.

And our stock price has seen a run-up in the last few months as a result of that.

Listen, we are super passionate about delivering a fantastic onboard guest experience.

And I think the spending results you've talked about in terms of onboard revenue are a reflection of the great experience our guests get onboard the ship, that we give them things that they value and are willing to pay for.

And we're very super excited about that.

Listen, I can't talk about, you know, I can't really talk to what happened six months ago or a year ago.

I'm very happy with what our stocks performed the last three, four, five months now.

Again, outperforming all the other stocks.

in the industry.

And our goal is to continue this run by delivering great experiences to our guests and great financial results to the investment community.

You know, I think if you look at the cruise industry, there's really a bifurcation.

There are a series of luxury lines, perhaps like the ones that your parents went on.