secwatch.observer — SEC 8-K summary
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Issuer:     Chatham Lodging Trust (CLDT)
CIK:        0001476045
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001437749-25-014657
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chatham Lodging Q1 net loss narrows to $0.5M; launches $25M share buyback, raises dividend 29%
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- Net loss to common shareholders $0.5M ($0.01 diluted loss) vs $7.2M loss a year ago; RevPAR up 4% to $127.
- Adjusted FFO per share $0.14, down from $0.16; hotel EBITDA margin flat at 31%.
- Dividend raised 29% to $0.09/quarter; Board authorizes first $25M share repurchase program.
- Sold five hotels for $83M aggregate; net debt $365M, leverage ratio 22%.
- Guidance: Q2 RevPAR down 0.5-2%; full year AFFO per share $0.95-$1.03; April RevPAR declined 4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476045/000143774925014657/0001437749-25-014657-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476045/000143774925014657/cldt20241223_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-014657

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