---
schema_version: "secwatch.filing_event.v1"
accession: "0001361658-23-000237"
form_type: "8-K"
ticker: "TNL"
cik: "0001361658"
company_name: "Travel & Leisure Co."
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T10:00:35.738127+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# TNL Q3 revenue $986M, adj EPS $1.54, guides FY adj EBITDA $900-915M, acquires SI Resorts rights

## Summary
- Net income $110M ($1.49 diluted EPS from cont ops); adjusted diluted EPS $1.54.
- Vacation Ownership revenue +8% YoY to $812M; adj EBITDA $203M; Gross VOI sales $598M.
- Travel & Membership revenue -5% YoY to $174M; adj EBITDA $62M on lower transactions.
- Full-year adj EBITDA guidance narrowed to $900-915M; Q4 adj EBITDA guided $233-248M.
- Acquired rights to Sports Hospitality Ventures vacation ownership for Sports Illustrated Resorts network; first in Tuscaloosa.

## SEC filing metadata
- accession: 0001361658-23-000237
- form_type: 8-K
- ticker: TNL
- cik: 0001361658
- company_name: Travel & Leisure Co.
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361658/000136165823000237/0001361658-23-000237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361658/000136165823000237/wyn-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001361658-23-000237
- JSON: https://secwatch.observer/filing/0001361658-23-000237.json
- Plain text: https://secwatch.observer/filing/0001361658-23-000237.txt

## Key facts
- Earnings Releases
  Travel & Leisure Co. reported three months ended September 30, 2023 results: revenue $986 million, net income $110 million, EPS $1.49 diluted earnings per share from continuing operations.
  - Period: three months ended September 30, 2023
  - Revenue: $986 million
  - Net income: $110 million
  - EPS: $1.49 diluted earnings per share from continuing operations
  - Result: reported results
  source text: today reported third quarter 2023 financial results for the three months ended September 30, 2023. Highlights and outlook include: • Net income of $110 million, $1.49 diluted earnings per share from continuing operations, on net revenue of $986 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361658/000136165823000237/0001361658-23-000237-index.htm
- Earnings Releases
  Travel & Leisure Co. updated its 2023 full year guidance (reaffirmed).
  - Period: 2023 full year
  - Guidance: reaffirmed
  - Result: guidance update
  source text: The Company is providing guidance regarding expectations for the 2023 full year: • Adjusted EBITDA of $900 million to $915 million • Gross VOI sales of $2.15 billion to $2.2 billion • VPG of approximately $3,100 to $3,150
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361658/000136165823000237/0001361658-23-000237-index.htm

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