Norwegian Cruise Line Holdings forecast annual profit below Wall Street expectations, as demand for its higher‑priced voyages softened amid economic uncertainty and rising geopolitical tensions.Shares of Norwegian fell about 7% in premarket
Norwegian Cruise Line Holdings forecast annual profit below Wall Street expectations, as demand for its higher‑priced voyages softened amid economic uncertainty and rising geopolitical tensions.
Shares of Norwegian fell about 7% in premarket trading, mirroring a broader market selloff sparked by escalating conflict between the U.S. and Israel, and Iran. Peers Carnival Corp and Royal Caribbean were down around 6% each.
The company said it is not currently operating in affected areas of the Middle East and does not anticipate itinerary impacts, but it is monitoring the situation closely.
“Guests unable to reach their embarkation port due to airline‑canceled flights related to regional disruptions will receive a future cruise credit,” a spokesperson told Reuters.
Norwegian's new bookings have slowed down as inflation and tariff‑related uncertainty weigh on household budgets, prompting some consumers to pull back on big‑ticket trips.
The company said it is entering 2026 against a “pressured” backdrop, with “certain execution missteps” hurting bookings.
“Our priority is to act urgently to address these gaps by improving coordination, reinforcing accountability and strengthening financial discipline across the organization,” newly appointed CEO John Chidsey said.
Activist investor Elliott Management, which disclosed a stake of over 10% last month, had pushed for a
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