**OneSpaWorld Holdings Limited (OSW) Faces Negative Outlook as Consumer Confidence Wavers**
OneSpaWorld, a Zacks Rank #5 (Strong Sell), has been impacted by declining consumer confidence affecting discretionary spending, particularly in the cruise industry. The company operates spas aboard cruise ships and in destination resorts, making its revenue sensitive to passenger spending. As economic uncertainties rise, premium services like spa treatments could be among the first luxuries consumers cut from their budgets.
In the past two months, three analysts have reduced their earnings estimates for OneSpaWorld for the current year, adjusting the Zacks Consensus Estimate from $1.15 to $1.11. For next year, the forecast dropped from $1.29 to $1.27. In this environment, the Leisure and Recreation Services industry ranks in the bottom 26% according to Zacks Industry Rank. Despite these challenges, OneSpaWorld is projected to have growth of 12% this year and 14% next year.
