secwatch.observer — SEC 8-K summary
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Issuer:     Travel & Leisure Co. (TNL)
CIK:        0001361658
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001361658-24-000175
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Travel + Leisure Co. Q3 net income $97M, adjusted EBITDA $242M; reaffirms full-year guidance
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- Net income $97M ($1.39 diluted EPS); revenue $993M; adjusted EPS $1.57.
- Vacation Ownership revenue $825M (+2% YoY); tours up 4%, VPG above $3,000.
- Travel & Membership revenue $168M (-3% YoY); Adjusted EBITDA flat at $62M.
- Reaffirmed full-year adjusted EBITDA guidance $915M-$935M; Q4 guidance $240M-$260M.
- Closed $325M securitization at 5.18% coupon; returned $105M to shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361658/000136165824000175/0001361658-24-000175-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361658/000136165824000175/wyn-20241023.htm
  HTML page:      https://secwatch.observer/filing/0001361658-24-000175

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