{"schema_version":"secwatch.filing_event.v1","accession":"0001361658-25-000313","form_type":"8-K","ticker":"TNL","cik":"0001361658","company_name":"Travel & Leisure Co.","filed_at":"2025-10-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.228474+00:00","generated_at":"2026-05-17T02:42:18.211353+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Travel + Leisure Q3 net income $111M; raises FY adjusted EBITDA midpoint to $975M","bullets":["Net income $111M ($1.67 diluted EPS) on $1.04B revenue; adjusted EPS $1.80, adjusted EBITDA $266M.","Vacation Ownership revenue $876M (+6% YoY); VPG $3,304 (+10%), 18th straight quarter >$3,000.","FY2025 adjusted EBITDA guidance raised to $965M-$985M (midpoint $975M) from $955M-$985M.","Returned $106M to shareholders: $36M dividends ($0.56/sh) and $70M share repurchases (1.2M shares).","Issued $500M secured notes at 6.125% to refinance $350M notes; closed $300M timeshare securitization."],"urls":{"canonical":"https://secwatch.observer/filing/0001361658-25-000313","json":"https://secwatch.observer/filing/0001361658-25-000313.json","markdown":"https://secwatch.observer/filing/0001361658-25-000313.md","text":"https://secwatch.observer/filing/0001361658-25-000313.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1361658/000136165825000313/0001361658-25-000313-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1361658/000136165825000313/wyn-20251022.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:42:18.211353+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}