secwatch.observer — SEC 8-K summary
======================================

Issuer:     DiamondRock Hospitality Co (DRH)
CIK:        0001298946
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001298946-26-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DiamondRock Q1 net income $14.5M (+54%), raises guidance, $300M buyback
-----------------------------------------------------------------------

- Net income $14.5M ($0.07 diluted EPS), up 54.3% YoY; Adjusted FFO $0.22/sh, up 15.8%.
- Comparable RevPAR $190.01 (+2.0% YoY); Total RevPAR $298.95 (+2.5%); margin expanded 127 bps.
- Board approved new $300M share repurchase program; repurchased 0.1M shares post-QTR at $9.38.
- Signed new franchise agreement for Westin Boston Seaport District effective Jan 1, 2027.
- One hotel under contract for sale (closing Q2 2026); raised 2026 guidance midpoint.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1298946/000129894626000024/0001298946-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1298946/000129894626000024/drh-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001298946-26-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer