{"schema_version":"secwatch.filing_event.v1","accession":"0001361658-24-000005","form_type":"8-K","ticker":"TNL","cik":"0001361658","company_name":"Travel & Leisure Co.","filed_at":"2024-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.950502+00:00","generated_at":"2026-06-05T21:51:20.285196+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Travel + Leisure Q4 net income $129M, adj EPS $1.98; guides FY2024 adj EBITDA $910-930M","bullets":["Q4 net income $129M ($1.77 diluted EPS) on revenue $935M; adjusted EBITDA $240M, adj. diluted EPS $1.98.","Full-year 2023: net income $396M ($5.28 diluted EPS) on revenue $3.8B; adjusted EBITDA $908M, adj. diluted EPS $5.70.","Repurchased $40M of stock in Q4, $307M full-year; $170M remaining authorization.","Recommend Q1 2024 dividend increase to $0.50/share from $0.45, pending Board approval.","FY2024 adjusted EBITDA guidance $910-$930M; Q1 2024 guidance $185-$190M."],"urls":{"canonical":"https://secwatch.observer/filing/0001361658-24-000005","json":"https://secwatch.observer/filing/0001361658-24-000005.json","markdown":"https://secwatch.observer/filing/0001361658-24-000005.md","text":"https://secwatch.observer/filing/0001361658-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1361658/000136165824000005/0001361658-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1361658/000136165824000005/wyn-20240221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:51:20.285196+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":"5fb91f62597d10319b78abf0a2a5a4142c4940e6","claim":"Travel & Leisure Co. reported fourth quarter and full-year 2023 results: revenue net revenue of $935 million (Q4) and $3.8 billion (full year), net income Net income of $129 million (Q4) and $396 million (full year), EPS diluted EPS of $1.77 (Q4) and $5.28 (full year). Guidance initiated.","evidence_excerpt":"Travel + Leisure Co. Reports Fourth Quarter and Full-Year 2023 Results and Provides 2024 Outlook ORLANDO, Fla. (February 21, 2024) — Travel + Leisure Co. (NYSE:TNL), the world’s leading membership and leisure travel company, today reported fourth quarter and full-year 2023 financial results for the period ended December 31, 2023. Fourth quarter 2023 highlights: • Net income of $129 million (diluted EPS of $1.77) on net revenue of $935 million • Adjusted EBITDA of $240 million and Adjusted diluted EPS of $1.98 (1) • Repurchased $40 million of common stock during the fourth quarter Full-year 2023 highlights : • Net income of $396 million (diluted EPS of $5.28) on net revenue of $3.8 billion • Adjusted EBITDA of $908 million and Adjusted diluted EPS of $5.70 (1) • Net cash provided by operating activities of $350 million and Adjusted free cash flow of $379 million (1) • Repurchased $307 million of common stock during the full-year Outlook: • Full Year 2024 Adjusted EBITDA expected to rang","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1361658/000136165824000005/0001361658-24-000005-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full-year 2023"},{"label":"Revenue","value":"net revenue of $935 million (Q4) and $3.8 billion (full year)"},{"label":"Net income","value":"Net income of $129 million (Q4) and $396 million (full year)"},{"label":"EPS","value":"diluted EPS of $1.77 (Q4) and $5.28 (full year)"},{"label":"Guidance","value":"initiated"},{"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"}