OneSpaWorld Shares Rise After 3Q Results, Dividend Raise

Dow Jones10-29

Shares of OneSpaWorld Holdings were trading higher on the Nasdaq following the release of third-quarter financial results that showed higher revenue and income from the year-ago period.

The company also revised its fiscal year 2026 guidance for revenue, and announced an increase to its quarterly dividend and a new $100 million share buyback plan.

In Wednesday trading, the stock was up 10%, at $27.49.

The company reported third-quarter earnings per share of 28 cents on revenue of $276.5 million. In the year-ago period, the company reported EPS of 23 cents on revenue of $258.5 million. The company said it now recorded 22nd consecutive quarters of year-over-year growth in total revenue and adjusted EBITDA.

The company's board approved an increased quarterly dividend of 6.25 cents per share, up from the previous 5 cents per share.

For its fiscal year 2026, OneSpaWorld now expects revenue in a range of $1.033 billion to $1.038 billion. Previously, the company's guidance called for a range of $1.02 billion to $1.04 billion.

OneSpaWorld offers health, wellness and fitness services on-board cruise ships and at destination resorts around the world.

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