---
schema_version: "secwatch.filing_event.v1"
accession: "0001361658-22-000136"
form_type: "8-K"
ticker: "TNL"
cik: "0001361658"
company_name: "Travel & Leisure Co."
filed_at: "2022-04-28T23:59:59+00:00"
generated_at: "2026-06-26T03:17:01.310101+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Travel + Leisure Q1 net income $51M ($0.59 EPS); adj EBITDA $170M; FY adj EBITDA guide $855M-$875M

## Summary
- Q1 revenue $809M; Vacation Ownership revenue $604M (+35% YoY) and adj EBITDA $103M (+56% YoY).
- Adjusted EBITDA $170M, adjusted diluted EPS $0.69; net income $51M ($0.59 diluted EPS).
- Full year 2022 guide: adj EBITDA $855-875M, Gross VOI sales $1.9-2.0B, VPG ~$3,200.
- Board approved $500M increase to share repurchase capacity; Q1 repurchases $45M at ~$56.15/sh.
- Net debt $3.0B; leverage 3.8x; closed $275M term securitization at 3.84% avg coupon.

## SEC filing metadata
- accession: 0001361658-22-000136
- form_type: 8-K
- ticker: TNL
- cik: 0001361658
- company_name: Travel & Leisure Co.
- filed_at: 2022-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361658/000136165822000136/0001361658-22-000136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361658/000136165822000136/wyn-20220428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361658-22-000136
- JSON: https://secwatch.observer/filing/0001361658-22-000136.json
- Plain text: https://secwatch.observer/filing/0001361658-22-000136.txt

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