secwatch.observer — SEC 8-K summary
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Issuer:     Travel & Leisure Co. (TNL)
CIK:        0001361658
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001361658-24-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Travel + Leisure Q4 net income $129M, adj EPS $1.98; guides FY2024 adj EBITDA $910-930M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361658/000136165824000005/0001361658-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361658/000136165824000005/wyn-20240221.htm
  HTML page:      https://secwatch.observer/filing/0001361658-24-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer