secwatch.observer — SEC 8-K summary
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Issuer:     Travel & Leisure Co. (TNL)
CIK:        0001361658
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001361658-23-000009
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 net income $90M, adj. EPS $1.30; FY23 EBITDA guidance $920-940M
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- Q4 net income $90M ($1.12 diluted EPS); adjusted diluted EPS $1.30; revenue $899M.
- Full-year 2022 net income $357M ($4.24 diluted EPS); adjusted EBITDA $859M; revenue $3.6B.
- Vacation Ownership segment revenue $737M (+5% YoY); Gross VOI sales $521M; VPG $3,434 (+7%).
- Repurchased $108M of stock in Q4, $351M in FY22; recommends Q1 dividend increase to $0.45/share.
- FY23 adjusted EBITDA guidance $920-940M; Q1 2023 adjusted EBITDA guidance $170-180M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361658/000136165823000009/0001361658-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361658/000136165823000009/wyn-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001361658-23-000009

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