secwatch.observer — SEC 8-K summary
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Issuer:     Travel & Leisure Co. (TNL)
CIK:        0001361658
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001361658-25-000255
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Travel + Leisure Q2 adj. EPS $1.65, rev $1.02B; raises VPG guidance
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- Q2 net income $108M ($1.62 GAAP EPS); adj. diluted EPS $1.65; revenue $1.02B.
- Vacation Ownership revenue $853M (+6% YoY); VPG $3,251 (+7%); tours +3%.
- Travel & Membership revenue $166M (-6% YoY); adj. EBITDA $55M (-11%).
- Refinanced $1B revolver to June 2030 at 25bps lower pricing; closed $300M securitization at 5.10%.
- FY2025 adj. EBITDA guidance reaffirmed $955-985M; VPG guidance raised to $3,200-3,250.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361658/000136165825000255/0001361658-25-000255-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361658/000136165825000255/wyn-20250723.htm
  HTML page:      https://secwatch.observer/filing/0001361658-25-000255

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