Core Insights - OneSpaWorld has published its second annual Sustainability and Social Responsibility Report, emphasizing its commitment to responsible business practices and transparency in ESG matters across global operations [2][3]. Group 1: ESG Commitment - The report outlines ongoing efforts to support people, partners, and the planet, highlighting the company's scale and responsibility as a steward for its workforce and the environment [3]. - OneSpaWorld's approach to ESG is grounded in core practices such as investing in employees, prioritizing safety and sustainability, and strengthening global partnerships [3]. Group 2: Key Focus Areas - **Our Talent**: The company prioritizes employee development and inclusion, with a workforce representing 88 nationalities and a shipboard personnel retention rate above 70% [4]. - **Our Care**: Health and safety are core responsibilities, with over 750 site visits completed in 2024 to ensure structured training and proactive reporting [4]. - **Our Planet**: Collaborations with cruise line and resort partners aim to integrate sustainability into facility design and reduce environmental footprints by limiting single-use plastics and adopting paperless practices [4]. - **Our Supply Chain**: OneSpaWorld partners with over 90 suppliers to source safe and high-quality products, ensuring safety and care for guests and the planet [5]. - **Our Integrity**: The company emphasizes strong corporate governance and cybersecurity practices, focusing on ethical operations and secure information handling [5]. Group 3: Company Overview - OneSpaWorld, headquartered in Nassau, Bahamas, is one of the largest health and wellness services companies globally, operating on 205 cruise ships and at 48 destination resorts [7]. - The company has established a leading market position within the cruise industry segment of the international leisure market, built over six decades through exceptional service and product innovation [7].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to Commission File Number: 001-38843 OneSpaWorld Holdings Limited (Exact name of Registrant as Specified in its Charter) Commonwealth of The Bahamas Not Applicable (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Harry B. Sands, Lobosky Management Co. Lt ...

Financial Data and Key Metrics Changes - Total revenues increased by 7% to $258.5 million compared to $241.7 million in Q3 2024 [5][15] - Income from operations rose by 5% to $26.3 million compared to $25 million in Q3 2024 [5] - Net income increased by 13% to $24.3 million compared to $21.6 million in Q3 2024 [5][16] - Adjusted EBITDA grew by 6% to $35 million compared to $33 million in Q3 2024 [5][17] - Service margin was 17.3%, slightly below the previous year but higher than the first and second quarters of 2025 [16][30] Business Line Data and Key Metrics Changes - Health and wellness centers operated on 204 ships, up from 196 ships in Q3 2024 [5][6] - Medi-Spa services were available on 150 ships, an increase from 144 ships in the previous year [7][8] - Higher value services such as Medi-Spa, IV Therapy, and acupuncture saw strong double-digit sales growth [7] Market Data and Key Metrics Changes - The average ship count for the quarter was 199, compared to 195 in Q3 2024 [5] - The company reported a 4% increase in average guest spend, contributing to revenue growth [15] Company Strategy and Development Direction - The company continues to execute an asset-light business model, generating strong free cash flow and returning value to shareholders through dividends and share repurchases [4][10] - Plans to introduce two additional health and wellness centers on new ship builds in Q4 2025, totaling eight new centers for the year [6][10] - The company is focusing on enhancing productivity through AI initiatives aimed at revenue enhancement and operational efficiency [12][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business's favorable momentum and positive outlook for Q4 2025 [10][20] - The board approved a 25% increase in the quarterly dividend payment, reflecting strong cash flow generation [10][12] - Management noted no material changes in guest spending patterns, maintaining strong attachment rates and pre-cruise revenue [26] Other Important Information - The company repurchased $17.6 million worth of common shares during the quarter and paid down $11.3 million in debt [12][19] - Total cash at quarter end was $30.8 million, with total debt reduced to $85.2 million [18][19] Q&A Session Summary Question: Benefits from AI technology implementation - Management indicated that it is too early to commit to specific improvements from AI initiatives, with expectations for more clarity by Q2 next year [22][23] Question: Guest spending patterns - Management reported positive trends in revenue per passenger per day and consistent pre-cruise revenue, with no material reduction in guest spending observed [26] Question: Service margin mix - The slight decrease in service margin was attributed to the mix of cruise lines rather than a shift in passenger spending behavior [30][32] Question: Global minimum tax impact - Management expects no impact from the global minimum income tax due to ongoing organizational changes [34] Question: Increase in guest count and average spend - The increase in guest count and spending was attributed to new ships entering service and improved facility utilization [38] Question: Cash management strategy - The company aims to maintain around $25 million in cash while prioritizing share repurchases and dividends in its capital allocation strategy [40] Question: Staffing and talent management changes - The company is redesigning its talent management process to enhance staff utilization across different service modalities [44][45] Question: Impact of hurricane season - Management reported no tangible or material impact from the hurricane season on operations [50] Question: CapEx related to AI initiatives - The increase in CapEx was primarily related to investments in AI projects [51]

OneSpaWorld (NasdaqCM:OSW) Q3 2025 Earnings Call October 29, 2025 10:00 AM ET Speaker5Good day and welcome to the OneSpaWorld third quarter 2025 earnings call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on a touch-tone phone. To withdraw your question, please press star then tw ...

Core Viewpoint - OneSpaWorld reported quarterly earnings of $0.29 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.26 per share a year ago [1]. Financial Performance - The company posted revenues of $258.52 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 0.18%, and up from $241.7 million year-over-year [2]. - Over the last four quarters, OneSpaWorld has surpassed consensus revenue estimates four times [2]. Stock Performance and Outlook - OneSpaWorld shares have increased approximately 7% since the beginning of the year, while the S&P 500 has gained 17.2% [3]. - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook [4]. Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $0.26 on revenues of $241.55 million, and for the current fiscal year, it is $1.01 on revenues of $959.98 million [7]. - The estimate revisions trend for OneSpaWorld was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6]. Industry Context - The Leisure and Recreation Services industry, to which OneSpaWorld belongs, is currently in the top 30% of over 250 Zacks industries, suggesting a favorable industry outlook [8].

Financial Performance - Total revenues for Q3 2025 reached $258.5 million, a 7% increase from $241.7 million in Q3 2024[6] - Net income for Q3 2025 was $24.3 million, up 13% from $21.6 million in Q3 2024, resulting in a net income per diluted share of $0.23[6][11] - Adjusted EBITDA for Q3 2025 increased 6% to $35.0 million compared to $33.0 million in Q3 2024[6][11] - Total revenues for the three months ended September 30, 2025, increased by 7% to $258.5 million compared to $241.7 million for the same period in 2024[24] - Net income for the three months ended September 30, 2025, was $24.3 million, reflecting a 13% increase from $21.6 million in the same period of 2024[24] - Adjusted net income for the three months ended September 30, 2025, was $30.4 million, compared to $27.3 million for the same period in 2024[33] - Year-to-date net income for 2025 was $59,556,000, compared to $58,476,000 in the same period of 2024, reflecting a growth of 1.8%[34] - Year-to-date Adjusted EBITDA for 2025 was $92,037,000, an increase of 7.8% from $85,375,000 in 2024[34] Cash and Liquidity - The company ended Q3 2025 with $30.8 million in cash and total liquidity of $80.8 million[8][20] - Total debt at the end of Q3 2025 was $85.2 million after repaying $11.3 million during the quarter[20] Shareholder Returns - The board declared a quarterly dividend of $0.05 per share, marking a 25% increase from previous payments[14][15] - The company repurchased 816,028 shares for $17.6 million during Q3 2025, with an additional $15 million in share repurchases in Q4 2025[15] Revenue Growth Drivers - Average guest spend increased by 4%, contributing significantly to revenue growth[11] - Service revenues rose by 7% to $208.0 million, while product revenues also increased by 7% to $50.5 million for the three months ended September 30, 2025[24] Operational Metrics - Average weekly revenue per ship for the forecasted Q4 2025 is expected to be $95,675, up from $91,019 in Q4 2024[25] - Average revenue per shipboard staff per day increased to $622 in Q4 2025 from $602 in Q4 2024[25] - Capital expenditures for the three months ended September 30, 2025, were $5.6 million, compared to $1.1 million in the same period of 2024[25] - The period-end ship count for Q4 2025 is forecasted to be 206, with an average ship count of 198[25] - The company anticipates maintaining a period-end resort count of 48 for FY 2025[25] Expense Management - The company reported a 45% decrease in interest expense, net, for the three months ended September 30, 2025, amounting to $1.4 million compared to $2.5 million in the same period of 2024[24] - Depreciation and amortization expenses for Q3 2025 were $6,410,000, slightly higher than $6,011,000 in Q3 2024[34] - Stock-based compensation for Q3 2025 amounted to $2,079,000, compared to $1,974,000 in Q3 2024, indicating a rise of 5.3%[34] - Interest expense for Q3 2025 was $1,379,000, down 44.8% from $2,496,000 in Q3 2024[34] - Income tax expense for Q3 2025 was $578,000, a decrease from $966,000 in Q3 2024, reflecting a reduction of 40.2%[34] - Long-lived assets impairment for Q3 2025 was $180,000, with no impairment recorded in Q3 2024[34] - Business combination costs for the year-to-date period in 2025 were $0, compared to $293,000 in the same period of 2024[34] Strategic Initiatives - The company launched wellness centers on four new ship builds during the quarter and plans to launch on two additional ships by year-end[2]

Core Insights - OneSpaWorld reported record financial results for the third quarter of fiscal 2025, with total revenues of $258.5 million, net income of $24.3 million, and adjusted EBITDA of $35.0 million, marking the 18th consecutive quarter of year-over-year growth in these metrics [1][2][4]. Financial Performance - Total revenues increased by 7% compared to the third quarter of 2024, driven by a 4% rise in average guest spend, fleet expansion from new ship builds, and a 1% increase in revenue days [7][8]. - Net income rose by 13% to $24.3 million, with adjusted net income reaching $30.4 million, reflecting a 11% increase year-over-year [17][31]. - Adjusted EBITDA increased by 6% to $35.0 million compared to the same quarter last year [7][31]. Operational Highlights - The company ended the quarter with health and wellness centers on 204 ships, an increase from 196 ships in the previous year, and 49 destination resort health and wellness centers [7][20]. - The average ship count for the quarter was 199, up from 195 in the third quarter of 2024 [21]. - The company launched wellness centers on four new ship builds during the quarter and plans to launch additional centers on two more ships by year-end [2][3]. Capital Allocation and Shareholder Returns - OneSpaWorld returned $4.1 million to shareholders through dividends and repurchased $17.6 million worth of shares during the quarter [3][12]. - The board approved a 25% increase in the quarterly dividend to $0.05 per share, payable on December 3, 2025 [11][12]. - The company ended the quarter with $30.8 million in cash and total liquidity of $80.8 million, positioning it well for future growth [5][17]. Guidance and Outlook - The company expects total revenues for fiscal 2025 to increase by 8% and adjusted EBITDA to rise by 10% at the mid-point of guidance ranges compared to fiscal 2024 results [3][10].

Core Viewpoint - OneSpaWorld Holdings Limited is set to release its Third Quarter Fiscal 2025 earnings on October 29th before the market opens, indicating a focus on transparency and communication with investors [1] Financial Performance - The earnings release will be followed by a conference call on the same day at 10:00 am ET to discuss the quarterly results, highlighting the company's commitment to engaging with stakeholders [1]

OneSpaWorld (OSW) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a changing ...

Group 1 - Walt Disney (DIS) is a notable stock within the Consumer Discretionary sector, which consists of 255 companies and currently ranks 9 in the Zacks Sector Rank [2] - The Zacks Rank system indicates that Walt Disney has a Zacks Rank of 2 (Buy), with a consensus estimate for full-year earnings increasing by 5.9% over the past quarter, reflecting improved analyst sentiment [3] - Year-to-date, Walt Disney has returned 7.2%, outperforming the average return of 6.8% for the Consumer Discretionary sector [4] Group 2 - Walt Disney is categorized under the Media Conglomerates industry, which includes 17 companies and is currently ranked 182 in the Zacks Industry Rank; this industry has seen an average gain of 8% this year, indicating that DIS is slightly underperforming its industry [5] - Another stock in the Consumer Discretionary sector, OneSpaWorld (OSW), has performed better with a year-to-date return of 12.3% and a Zacks Rank of 2 (Buy) [4][5] - The Leisure and Recreation Services industry, to which OneSpaWorld belongs, is ranked 177 and has increased by 7% this year [6]