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

OneSpaWorld (NASDAQ:OSW) issued its earnings results 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 7.85% and a return on equity of 18.00%. The business had revenue of $261.25 million for the quarter, compared to analyst estimates of $260.54 million. During the same period in the prior year, the firm earned $0.19 earnings per share. OneSpaWorld’s revenue was up 8.5% on a year-over-year basis.

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 Performance

Shares of OSW traded up $0.03 on Thursday, reaching $26.00. 1,366,271 shares of the company’s stock traded hands, compared to its average volume of 987,959. The stock’s 50 day simple moving average is $26.06 and its two-hundred day simple moving average is $23.61. The stock has a market cap of $2.64 billion, a PE ratio of 34.67 and a beta of 0.90. OneSpaWorld has a 52-week low of $19.06 and a 52-week high of $29.25. 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 Dividend Announcement

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

Insider Buying and Selling at OneSpaWorld

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. increased its stake in shares of OneSpaWorld by 108.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,003,892 shares of the company’s stock worth $20,821,000 after purchasing an additional 521,497 shares during the last quarter. Voloridge Investment Management LLC lifted its stake in OneSpaWorld by 2,749.2% in the fourth quarter. Voloridge Investment Management LLC now owns 271,298 shares of the company’s stock valued at $5,627,000 after purchasing an additional 261,776 shares during the last quarter. Qube Research & Technologies Ltd increased its position in OneSpaWorld by 85.3% in the third quarter. Qube Research & Technologies Ltd now owns 478,047 shares of the company’s stock worth $10,106,000 after buying an additional 220,008 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of OneSpaWorld in the fourth quarter valued at $4,175,000. Finally, ExodusPoint Capital Management LP lifted its position in shares of OneSpaWorld by 876.8% during the 4th quarter. ExodusPoint Capital Management LP now owns 213,542 shares of the company’s stock valued at $4,429,000 after buying an additional 191,680 shares during the last quarter. 95.98% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

OneSpaWorld News Roundup

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.

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.