secwatch.observer — SEC 8-K summary
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Issuer:     Travel & Leisure Co. (TNL)
CIK:        0001361658
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0001361658-26-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Travel+Leisure Q4 adj. EBITDA $272M; net loss $61M; FY26 EBITDA guid $1.03-1.055B
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- Net loss $61M ($0.95 diluted) includes $210M inventory write-downs from Resort Optimization Initiative.
- Adjusted diluted EPS $1.83; full-year adj. diluted EPS $6.34; Vacation Ownership revenue +8% to $875M.
- Gross VOI sales +8% to $638M (tour growth 5%, VPG growth 2%); Travel & Membership revenue -6% to $148M.
- Company recommends Q1 2026 dividend increase to $0.60/share (from $0.56); Board approved new $750M share repurchase authorization.
- FY2026 Adjusted EBITDA guidance $1.03-1.055B; Q1 2026 adj. EBITDA guidance $210-220M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361658/000136165826000005/0001361658-26-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361658/000136165826000005/wyn-20260218.htm
  HTML page:      https://secwatch.observer/filing/0001361658-26-000005

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