---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-270866"
form_type: "8-K"
ticker: "HGV"
cik: "0001674168"
company_name: "Hilton Grand Vacations Inc."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:07:14.483757+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# HGV reports Q3 revenue decline & cuts FY guidance; acquires Bluegreen Vacations for ~$1.5B

## Summary
- Q3 revenue $1,018M (-9% YoY), net income $92M ($0.83 diluted EPS), adjusted EBITDA $269M (-20% YoY).
- Acquires Bluegreen Vacations for $75/share all-cash (~$1.5B including net debt); expected close H1 2024.
- Projected ~$100M annual cost synergies within 24 months; new 10-year exclusive marketing deal with Bass Pro Shops.
- FY 2023 adjusted EBITDA guidance lowered to $1,000-1,020M from $1,090-1,120M, reflecting Maui wildfire impact ($17-20M).

## SEC filing metadata
- accession: 0001193125-23-270866
- form_type: 8-K
- ticker: HGV
- cik: 0001674168
- company_name: Hilton Grand Vacations Inc.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674168/000119312523270866/0001193125-23-270866-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674168/000119312523270866/d570608d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-270866
- JSON: https://secwatch.observer/filing/0001193125-23-270866.json
- Plain text: https://secwatch.observer/filing/0001193125-23-270866.txt

## Key facts
- Earnings Releases
  Hilton Grand Vacations Inc. reported the quarter ended September 30, 2023 results: revenue $1,018 million, net income $92 million, EPS $0.83. Guidance lowered.
  - Period: the quarter ended September 30, 2023
  - Revenue: $1,018 million
  - Net income: $92 million
  - EPS: $0.83
  - Guidance: lowered
  - Result: reported results
  source text: For the quarter ended Sept. 30, 2023, diluted EPS was $0.83 compared to $1.24 for the quarter ended Sept. 30, 2022. Net income and Adjusted EBITDA were $92 million and $269 million, respectively, for the quarter ended Sept. 30, 2023, compared to net income and Adjusted EBITDA of $150 million and $338 million, respectively, for the quarter ended Sept. 30, 2022. Total revenues for the quarter ended Sept. 30, 2023, were $1,018 million compared to $1,116 million for the quarter ended Sept. 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1674168/000119312523270866/0001193125-23-270866-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.