Conference Call Details
A conference call to discuss the first quarter fiscal year 2020 financial results is scheduled for Wednesday May 13, 2020, at 10:00 a.m. Eastern
Time. Investors and analysts interested in participating in the call are invited to dial (855) 327-6837 (international callers please dial
631-891-4304) and provide the passcode 10009431 approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available
online at https://onespaworld.com/investor-relations by dialing 844-512-2921 (international callers please dial 412-317-6671) and entering the passcode 10009431. The conference call replay will be available from 1:00 p.m. Eastern Time on Wednesday, May 13, 2020 until 12:00 p.m. Eastern Time on Wednesday
May 20, 2020. The Webcast replay will remain available for 90 days.
About OneSpaWorld
Headquartered in Nassau, Bahamas, OneSpaWorld is one of the largest health and wellness services companies in the world. OneSpaWorlds distinguished spas
offer guests a comprehensive suite of premium health, wellness, fitness and beauty services, treatments, and products currently onboard 175 cruise ships and at 68 destination resorts around the world. OneSpaWorld holds the leading market position
within the fast-growing international leisure market and has been built upon its exceptional service standards, expansive global recruitment, training and logistics platforms, and a history of service and product innovation that has enhanced its
guests personal care experiences while vacationing for over 50 years.
On March 19, 2019, OneSpaWorld completed a series of mergers pursuant to
which OSW Predecessor (OSW), comprised of direct and indirect subsidiaries of Steiner Leisure Ltd. (Steiner), and Haymaker Acquisition Corp. (Haymaker), a special purpose acquisition company, each became indirect
wholly owned subsidiaries of OneSpaWorld (the Business Combination). Haymaker is the acquirer and OSW Predecessor the predecessor, whose historical results have become the historical results of OneSpaWorld. The operating results
presented for the current quarter and year-to-date period reflect the operating results of all the businesses acquired in the Business Combination.
Forward-Looking Statements
This press release includes
forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The expectations, estimates, and projections of the Company may differ from its actual
results and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as expect, estimate, project, budget, forecast,
anticipate, intend, plan, may, will, could, should, believes, predicts, potential, continue, or the negative or other
variations thereof and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, expectations with respect to future performance of the Company, including projected
financial information (which is not audited or reviewed by the Companys auditors), and the future plans, operations and opportunities for the Company and other statements that are not historical facts. These statements are based on the current
expectations of the Companys management and are not predictions of actual performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected
results. Factors that may cause such differences include, but are not limited to: the impact of the COVID-19 pandemic on our business and our results of operation and liquidity for the foreseeable future; the
demand for the Companys services together with the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors or changes in the business environment in which the Company operates; changes in
consumer preferences or the market for the Companys services; changes in applicable laws or regulations; the availability or competition for opportunities for expansion of the Companys business; difficulties of managing growth
profitably; the loss of one or more members of the Companys management team; loss of a major customer and other risks and uncertainties included from time to time in the Companys reports (including all amendments to those reports) filed
with the SEC. The Company cautions that the foregoing list of factors is not exclusive. You should not place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any
obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, except as
required by law. These forward-looking statements should not be relied upon as representing the Companys assessments as of any date subsequent to the date of this communication.
Non-GAAP Financial Measures
We refer to certain financial measures that are not recognized under U.S. generally accepted accounting principles (GAAP). Please see Note
Regarding Non-GAAP Financial Information and Reconciliation of GAAP to Non-GAAP Financial Information below for additional information and a
reconciliation of the non-GAAP financial measures to the most comparable GAAP financial measures.