{"schema_version":"secwatch.filing_event.v1","accession":"0001361658-23-000128","form_type":"8-K","ticker":"TNL","cik":"0001361658","company_name":"Travel & Leisure Co.","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.563570+00:00","generated_at":"2026-06-16T12:10:47.185790+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Travel + Leisure Q1 beats; raises FY2023 adjusted EBITDA guidance to $925-$945M","bullets":["Net income $64M ($0.81 EPS), revenue $879M (+9% YoY); adjusted EPS $0.89 (+29%).","Vacation Ownership revenue +12% to $685M, Adj EBITDA $131M (+25%) on higher tours.","Full year adj EBITDA guidance raised to $925-$945M from $920-$940M; Q2 guided $230-$240M.","Repurchased 2.5M shares for $102M; recommends $0.45 Q2 dividend.","Executed $250M term securitization post-quarter at 6.3% weighted average coupon."],"urls":{"canonical":"https://secwatch.observer/filing/0001361658-23-000128","json":"https://secwatch.observer/filing/0001361658-23-000128.json","markdown":"https://secwatch.observer/filing/0001361658-23-000128.md","text":"https://secwatch.observer/filing/0001361658-23-000128.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1361658/000136165823000128/0001361658-23-000128-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1361658/000136165823000128/wyn-20230426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T12:10:47.185790+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cdcd6c7c79327c3590ed48ff126d4513fe8d3a83","claim":"Travel & Leisure Co. reported first quarter 2023 results: net income Net income of $64 million, EPS $0.81 diluted earnings per share. Guidance raised.","evidence_excerpt":"Travel + Leisure Co. Reports First Quarter 2023 Results and Increases Full Year 2023 Guidance ORLANDO, Fla. (April 26, 2023) — Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, today reported first quarter 2023 financial results for the three months ended March 31, 2023. Highlights and outlook include: • Net income of $64 million, $0.81 diluted earnings per share, on net revenue of $879 million • Adjusted EBITDA of $184 million and adjusted diluted earnings per share of $0.89 (1) • Increases expected full year adjusted EBITDA guidance to a range of $925 million to $945 million from $920 million to $940 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1361658/000136165823000128/0001361658-23-000128-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Net income","value":"Net income of $64 million"},{"label":"EPS","value":"$0.81 diluted earnings per share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}