---
schema_version: "secwatch.filing_event.v1"
accession: "0001361658-23-000204"
form_type: "8-K"
ticker: "TNL"
cik: "0001361658"
company_name: "Travel & Leisure Co."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:15:34.106102+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TNL Q2 net income $94M, adjusted EPS $1.33; reaffirms FY adjusted EBITDA guidance $925M-$945M

## Summary
- Q2 net income $94M ($1.18 diluted EPS) on revenue $949M; adjusted EPS $1.33.
- Adjusted EBITDA $236M; reaffirms FY guidance $925M-$945M, Q3 guidance $245M-$260M.
- Repurchased $100M in Q2 (2.6M shares at ~$38.54); $202M YTD; $275M remaining authorization.
- Vacation Ownership revenue +4% to $768M; adjusted EBITDA flat at $187M.
- Executed $300M term securitization on July 20 with 6.7% weighted avg coupon.

## SEC filing metadata
- accession: 0001361658-23-000204
- form_type: 8-K
- ticker: TNL
- cik: 0001361658
- company_name: Travel & Leisure Co.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1361658/000136165823000204/0001361658-23-000204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361658/000136165823000204/wyn-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361658-23-000204
- JSON: https://secwatch.observer/filing/0001361658-23-000204.json
- Plain text: https://secwatch.observer/filing/0001361658-23-000204.txt

## Key facts
- Earnings Releases
  Travel & Leisure Co. reported second quarter 2023 results: revenue $949 million, net income $94 million, EPS $1.18 diluted earnings per share from continuing operations. Guidance reaffirmed.
  - Period: second quarter 2023
  - Revenue: $949 million
  - Net income: $94 million
  - EPS: $1.18 diluted earnings per share from continuing operations
  - Guidance: reaffirmed
  - Result: reported results
  source text: Travel + Leisure Co. Reports Second Quarter 2023 Results ORLANDO, Fla. (July 26, 2023) — Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, today reported second quarter 2023 financial results for the three months ended June 30, 2023. Highlights and outlook include: • Net income of $94 million, $1.18 diluted earnings per share from continuing operations, on net revenue of $949 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361658/000136165823000204/0001361658-23-000204-index.htm

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