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

Issuer:     Travel & Leisure Co. (TNL)
CIK:        0001361658
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001361658-22-000234
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 Q3 net income $116M ($1.38 EPS), revenue $937M; FY adjusted EBITDA guidance $855-865M
--------------------------------------------------------------------------------

- Net income $116M ($1.38 diluted EPS); adjusted EPS $1.28; revenue $937M.
- Vacation Ownership gross VOI sales $555M (+26% YoY), VPG $3,393 (+5% YoY, +45% vs 2019).
- Full-year adjusted EBITDA guided to $855-865M; repurchased $115M stock in Q3.
- Management recommends $0.40/share Q4 dividend; executed $250M securitization in Oct.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361658/000136165822000234/0001361658-22-000234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361658/000136165822000234/wyn-20221027.htm
  HTML page:      https://secwatch.observer/filing/0001361658-22-000234

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