"We had an excellent second quarter and one of our best quarters of the past ten years," said Andrea Limbardi, President and CEO of RCL.
Q2 was really strong with a 59.1% Gross Profit Margin! A staggering increase of 330 basis points. During the CC she sounded confident which tells me Q3 will be decent to strong.
Under the NCIB, the Company may acquire up to 3,283,582 Class A Non-Voting Shares over the 12-month period commencing on August 5, 2024. That is roughly 273,632 shares per month. Only 91,100 have been bought back as of Sep 30th. That is less than 3% of the total in 2 months.