secwatch.observer — SEC 8-K summary
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Issuer:     CHOICE HOTELS INTERNATIONAL INC /DE (CHH)
CIK:        0001046311
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001046311-24-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Choice Hotels Q2 net income up 3% to $87.1M, raises FY2024 EPS guidance
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- Total revenues $435.2M (+2% YoY); net income $87.1M (+3%); diluted EPS $1.80 (+9% YoY).
- Adjusted diluted EPS $1.84 (record); adjusted EBITDA $161.7M (+6% YoY).
- Global rooms pipeline up 22% to 114k rooms; global hotel openings up 20% in Q2.
- Raised midpoint of full-year 2024 EPS guidance; domestic RevPAR down 0.5% YoY.
- Issued $600M 5.85% senior notes due 2034; repurchased 2.4M shares for $296.2M YTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046311/000104631124000026/0001046311-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046311/000104631124000026/chh-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001046311-24-000026

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