OneSpaWorld (NASDAQ:OSW) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS

OneSpaWorld (NASDAQ:OSW) announced its quarterly earnings results on Wednesday. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.28 by $0.01, FiscalAI reports. The firm had revenue of $261.25 million for the quarter, compared to analyst estimates of $260.54 million. OneSpaWorld had a return on equity of 18.00% and a net margin of 7.85%.The business’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.19 earnings per share.

Here are the key takeaways from OneSpaWorld’s conference call:

• Record performance continued: Second-quarter revenue rose 9% to $261.2 million and adjusted EBITDA increased 13% to $34.4 million, marking the company’s 21st consecutive quarter of record revenue and adjusted EBITDA.
• OneSpaWorld raised its full-year 2026 guidance to $1.018 billion-$1.038 billion in revenue and $130 million-$140 million in adjusted EBITDA, representing approximately 10% growth at the midpoint of both ranges.
• AI initiatives are beginning to support growth: The Amanda yield-optimization platform is deployed on 188 vessels and has produced a reported 4% service-revenue uplift among less-experienced managers, while other AI tools are improving support-ticket resolution and customer service efficiency.
• Forward demand remains strong, with pre-booked revenue up 14% and forward bookings up 20% year over year; guests who pre-book continue to spend more than 30% above other guests. Medi-Spa services also grew 17% in the quarter and are expected on 159 ships by year-end.
• The company cited a $1.3 million decline in destination-resort revenue and higher administrative expenses tied to the U.K. and Italy reorganization, while product revenue growth slowed after prior-year promotional inventory sales; management said it was not currently concerned about retail attachment.

OneSpaWorld Stock Up 0.1%

Shares of NASDAQ:OSW traded up $0.03 during trading on Thursday, reaching $26.00. The stock had a trading volume of 1,366,271 shares, compared to its average volume of 987,959. The firm’s 50-day simple moving average is $26.06 and its 200 day simple moving average is $23.61. The company has a current ratio of 2.52, a quick ratio of 1.40 and a debt-to-equity ratio of 0.15. OneSpaWorld has a one year low of $19.06 and a one year high of $29.25. The company has a market capitalization of $2.64 billion, a P/E ratio of 34.67 and a beta of 0.90.

OneSpaWorld Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, August 19th. OneSpaWorld’s dividend payout ratio is presently 26.67%.

More OneSpaWorld News

Here are the key news stories impacting OneSpaWorld this week:

• Positive Sentiment: Quarterly results exceeded expectations. OneSpaWorld reported second-quarter adjusted EPS of $0.29, above the $0.28 consensus estimate, while revenue reached $261.25 million, modestly ahead of the $260.54 million forecast. Revenue increased 8.5% year over year, and EPS rose from $0.19 in the prior-year quarter. OneSpaWorld second-quarter earnings report
• Positive Sentiment: Management raised its 2026 revenue outlook. The company now expects full-year revenue of approximately $1.02 billion to $1.04 billion, compared with a FactSet estimate of $1.03 billion. Third-quarter revenue guidance of $268 million to $273 million is broadly consistent with analyst expectations. OneSpaWorld Q2 adjusted net income and revenue outlook
• Positive Sentiment: Truist turned more bullish. Truist Financial raised its price target from $28 to $29 and assigned a “buy” rating, implying roughly 11.5% potential upside from the referenced share price. Truist price-target upgrade
• Positive Sentiment: The company declared a quarterly dividend of $0.05 per share. The payment is scheduled for September 2 for shareholders of record on August 19, providing an additional shareholder-return catalyst, although the indicated annualized yield is approximately 0.8%.
• Neutral Sentiment: Despite the earnings beat, Zacks characterized EPS as matching consensus, and the company’s valuation remains relatively full at roughly 35 times earnings. This could limit gains unless growth and guidance continue to improve.

Analysts Set New Price Targets

OSW has been the topic of several recent research reports. Stifel Nicolaus increased their target price on shares of OneSpaWorld from $28.00 to $32.00 and gave the stock a “buy” rating in a report on Thursday. Jefferies Financial Group boosted their price target on shares of OneSpaWorld from $31.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Wall Street Zen downgraded shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Truist Financial lifted their price objective on shares of OneSpaWorld from $28.00 to $29.00 and gave the company a “buy” rating in a report on Thursday. Finally, Weiss Ratings raised shares of OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $30.60.

Insider Activity at OneSpaWorld

In related news, Director Walter Field Mclallen sold 10,500 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $24.67, for a total transaction of $259,035.00. Following the completion of the sale, the director owned 137,382 shares of the company’s stock, valued at $3,389,213.94. This represents a 7.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Andrew R. Heyer sold 20,000 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $26.04, for a total transaction of $520,800.00. Following the sale, the director directly owned 489,817 shares of the company’s stock, valued at $12,754,834.68. The trade was a 3.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.60% of the company’s stock.

Institutional Investors Weigh In On OneSpaWorld

A number of large investors have recently modified their holdings of the business. Brown Brothers Harriman & Co. acquired a new position in shares of OneSpaWorld during the fourth quarter valued at about $31,000. Arax Advisory Partners boosted its stake in OneSpaWorld by 428.8% in the 4th quarter. Arax Advisory Partners now owns 1,597 shares of the company’s stock worth $33,000 after purchasing an additional 1,295 shares in the last quarter. Aquatic Capital Management LLC purchased a new stake in OneSpaWorld during the 3rd quarter worth approximately $50,000. Empowered Funds LLC purchased a new stake in OneSpaWorld during the 4th quarter worth approximately $66,000. Finally, CIBC Private Wealth Group LLC acquired a new position in OneSpaWorld during the 3rd quarter valued at approximately $87,000. Hedge funds and other institutional investors own 95.98% of the company’s stock.

About OneSpaWorld

OneSpaWorld Holdings Ltd is a global provider of spa and wellness services, catering primarily to the cruise line, hospitality and venue-based leisure industries. The company designs and operates on-board spa facilities, salon services and retail boutiques, offering treatments such as massage, facial and body therapies, nail care, hair styling and aesthetic enhancements. Additionally, OneSpaWorld provides program consulting, management, training and product distribution services to its partners, enabling tailored spa experiences across diverse passenger and guest demographics.

OneSpaWorld’s core operations span major cruise lines—such as Carnival Corporation, Royal Caribbean Group, MSC Cruises and Virgin Voyages—as well as luxury resort and hotel brands.