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

OneSpaWorld (NASDAQ:OSW) announced its quarterly earnings data on Wednesday. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.01, FiscalAI reports. OneSpaWorld had a net margin of 8.02% and a return on equity of 18.61%. The company had revenue of $261.25 million for the quarter, compared to analysts’ expectations of $260.93 million. During the same quarter in the previous year, the company posted $0.19 EPS. The business’s revenue was up 8.5% compared to the same quarter last year.

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 Down 2.3%

Shares of OSW stock traded down $0.60 on Friday, reaching $25.40. 55,158 shares of the company’s stock traded hands, compared to its average volume of 981,225. The company has a market capitalization of $2.58 billion, a P/E ratio of 32.23 and a beta of 0.90. OneSpaWorld has a 12-month low of $19.06 and a 12-month high of $29.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.40 and a current ratio of 2.52. The business’s 50 day moving average price is $26.10 and its two-hundred day moving average price is $23.64.

OneSpaWorld Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be issued a dividend of $0.05 per share. The ex-dividend date is Wednesday, August 19th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.8%. OneSpaWorld’s payout ratio is currently 25.32%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on OSW shares. Weiss Ratings upgraded OneSpaWorld from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Stifel Nicolaus upped their target price on OneSpaWorld from $28.00 to $32.00 and gave the company a “buy” rating in a report on Thursday. TD Cowen lifted their price target on OneSpaWorld from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Wall Street Zen lowered shares of OneSpaWorld from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Finally, Truist Financial raised their target price on shares of OneSpaWorld from $28.00 to $29.00 and gave the stock a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, OneSpaWorld currently has a consensus rating of “Buy” and an average target price of $30.60.

Insider Activity

In other OneSpaWorld news, Director Walter Field Mclallen sold 10,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $24.67, for a total transaction of $259,035.00. Following the completion of the sale, the director directly owned 137,382 shares in the company, valued at approximately $3,389,213.94. This trade represents a 7.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Andrew R. Heyer sold 20,000 shares of OneSpaWorld stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $26.04, for a total value of $520,800.00. Following the transaction, the director directly owned 489,817 shares in the company, valued at approximately $12,754,834.68. This trade represents a 3.92% decrease in their position. The SEC filing for this sale provides additional information. 3.60% of the stock is currently owned by corporate insiders.

Institutional Trading of OneSpaWorld

Several institutional investors have recently made changes to their positions in OSW. Brown Brothers Harriman & Co. acquired a new position in OneSpaWorld in the 4th quarter valued at approximately $31,000. Arax Advisory Partners lifted its position 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 buying an additional 1,295 shares in the last quarter. Aquatic Capital Management LLC acquired a new stake in shares of OneSpaWorld during the 3rd quarter valued at $50,000. Empowered Funds LLC acquired a new stake in shares of OneSpaWorld during the 4th quarter valued at $66,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in shares of OneSpaWorld during the 3rd quarter valued at $87,000. 95.98% of the stock is currently owned by institutional investors and hedge funds.

OneSpaWorld Company Profile

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.