Carnival (NYSE: CCL) (NYSE: CUK) had a difficult time during the early days of the pandemic. Carnival faces the impact of higher interest rates on its variable-rate borrowings, which could lead to higher costs. Demand for cruising is back, and Carnival is progressing toward its earnings goals.
Shares of coffee giant Starbucks (NASDAQ: SBUX) popped 18% in November, according to data provided by S&P Global Market Intelligence. Starbucks reported financial results for the fourth quarter of its fiscal 2022 on Nov. 3. In Q4, the company generated record quarterly revenue of $8.4 billion.
The coffee house is on a growth spree, but smart investors know that you have to balance expansion against the strength of the core portfolio.