secwatch.observer — SEC 8-K summary
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Issuer:     Travel & Leisure Co. (TNL)
CIK:        0001361658
Form:       8-K
Filed at:   2022-02-23T23:59:59+00:00
Accession:  0001361658-22-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Travel + Leisure Q4 adjusted EPS $1.19 beats; full-year above guidance
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- Q4 net revenue $870M, net income $110M ($1.26 diluted EPS), adjusted EPS $1.19.
- Full-year adjusted EBITDA $778M, adjusted EPS $3.65, above guidance range.
- Vacation Ownership gross VOI sales $432M (+54% YoY), tours 129,000, VPG $3,222 (+10%).
- Repurchased 0.5M shares for $26M in Q4; recommends $0.40/sh dividend for Q1 2022.
- Q1 2022 adjusted EBITDA guidance $160-170M; liquidity $1.4B; renewed $1B revolver to 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361658/000136165822000009/0001361658-22-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361658/000136165822000009/wyn-20220223.htm
  HTML page:      https://secwatch.observer/filing/0001361658-22-000009

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