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OneSpaWorld Holdings Limited (OSW) operates as a leading provider of health and wellness services across the globe. The company is well-known for its premium health centers located onboard cruise ships and at various destination resorts. Based in Nassau, Bahamas, OneSpaWorld offers a comprehensive suite of services including traditional body treatments, salon and skincare services, specialized fitness classes, personal fitness training, and medi-spa services.
OneSpaWorld's product offerings are just as diverse, featuring access to renowned beauty and wellness brands such as Elemis, Kérastase, and Dysport, some of which are exclusively available at sea. These offerings cater to a wide range of needs including pain management, detoxifying programs, body composition analyses, weight management programs, and much more.
As of February 26, 2020, OneSpaWorld had a significant presence, providing its services onboard 170 cruise ships and at 69 destination resorts. This extensive network allows the company to reach a diverse clientele, enhancing the well-being of thousands of individuals worldwide.
The company continually strives for excellence and innovation in the health and wellness sector. Recent achievements include expanding their service offerings and forming strategic partnerships to enhance guest experiences. OneSpaWorld's financial health is bolstered by its unique market position and diverse revenue streams.
In summary, OneSpaWorld Holdings Limited stands out in the health and wellness industry due to its extensive range of high-quality services and products, strategic partnerships, and significant global footprint. The company's commitment to providing exceptional wellness experiences ensures its continued growth and relevance in the market.
OneSpaWorld (NASDAQ: OSW) reported record third quarter fiscal 2024 results with total revenues of $241.7 million, up 12% year-over-year. Income from operations increased 48% to $25.0 million, while Adjusted EBITDA grew 33% to $33.0 million. The company increased its fiscal 2024 guidance, now expecting revenues of $888-893 million and Adjusted EBITDA of $110-112 million. The company ended Q3 with health and wellness centers on 196 ships and 52 destination resorts, maintaining a strong cash position of $50.0 million after debt repayment, share repurchases, and dividend payments.
OneSpaWorld Holdings (NASDAQ: OSW) has released its inaugural Sustainability and Social Responsibility Report. The report, prepared by the company's internal ESG working group, highlights OneSpaWorld's commitment to employee care, partner service, and environmental stewardship.
The report focuses on three key areas:
- Our Planet: Collaborating with partners to minimize environmental impact and partnering with eco-conscious brands.
- Our People: Fostering a culture of well-being, growth, and inclusivity for over 5,000 employees from more than 85 countries.
- Our Integrity: Maintaining strong corporate governance and cybersecurity practices.
Leonard Fluxman, Executive Chairman, CEO, and President, emphasized the company's mission to deliver operational excellence and value to stakeholders through ESG-focused strategies.
OneSpaWorld Holdings (NASDAQ: OSW) reported record Q2 fiscal 2024 results and increased its fiscal year guidance. Key highlights include:
- Total revenues increased 12% to $224.9 million
- Income from operations rose 40% to $18.8 million
- Adjusted EBITDA grew 25% to $27.1 million
- Net income was $15.8 million, or $0.15 per diluted share
The company increased its fiscal 2024 guidance:
- Revenues: $870 - $890 million (up from $860 - $880 million)
- Adjusted EBITDA: $102 - $108 million (up from $95 - $105 million)
OneSpaWorld's Board authorized an annual cash dividend program with an initial quarterly dividend of $0.04 per common share, payable on September 4, 2024.
OneSpaWorld Holdings (NASDAQ: OSW), a leading global provider of health and wellness services for cruise ships and resorts, has announced the release of its Second Quarter Fiscal 2024 financial results on Wednesday, July 31st before market open. The company will host a conference call at 11:00 am ET on the same day to discuss the quarterly results.
Investors and interested parties can access the live webcast through the Investor Relations section of OneSpaWorld's website. For those preferring a dial-in option, the call can be accessed at (877) 283-8977 (US) or (412) 542-4171 (international) using the passcode 10190591. An audio replay will be available shortly after the call, and a webcast replay will be accessible for 90 days on the company's website.
OneSpaWorld Holdings (NASDAQ: OSW) reported record first quarter fiscal 2024 results with total revenues of $211.2 million, income from operations of $17.0 million, and adjusted EBITDA of $25.3 million. The company also increased fiscal year 2024 revenues guidance to $860 - $880 million and adjusted EBITDA guidance to $95 - $105 million. The Board authorized a $50 million share repurchase program, highlighting strong financial performance and positive outlook.
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