{"schema_version":"secwatch.filing_event.v1","accession":"0001524358-23-000016","form_type":"8-K","ticker":"VAC","cik":"0001524358","company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.233774+00:00","generated_at":"2026-06-16T01:01:39.464233+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"medium","headline":"MVW Q1 net income $87M, EPS $2.06 (+67% YoY); contract sales +10% to $434M","bullets":["Net income attributable to common shareholders $87M ($2.06 diluted EPS) vs $58M ($1.23) a year ago; adjusted EPS $2.54 vs $1.71.","Consolidated contract sales $434M (+10% YoY); VPG $4,358. Vacation Ownership segment revenue ex-reimbursement +16%.","Adjusted EBITDA $203M (+8%); Segment Adj EBITDA $229M with >31% margin.","Returned $134M to shareholders: $80M in share repurchases (522k shares) and $54M in dividends.","Liquidity $1.0B including $306M cash; April timeshare securitization of $380M notes at 5.52% weighted avg rate."],"urls":{"canonical":"https://secwatch.observer/filing/0001524358-23-000016","json":"https://secwatch.observer/filing/0001524358-23-000016.json","markdown":"https://secwatch.observer/filing/0001524358-23-000016.md","text":"https://secwatch.observer/filing/0001524358-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1524358/000152435823000016/0001524358-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1524358/000152435823000016/vac-20230503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T01:01:39.464233+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":[{"claim_id":"05ed2d3f5688f6a2d862f6bbb2c0b4b3a8dd16a4","claim":"MARRIOTT VACATIONS WORLDWIDE Corp reported first quarter 2023 results: net income $87 million, EPS $2.06.","evidence_excerpt":"• Net income attributable to common shareholders was $87 million compared to $58 million in the prior year, and fully diluted earnings per share increased 67% to $2.06.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1524358/000152435823000016/0001524358-23-000016-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Net income","value":"$87 million"},{"label":"EPS","value":"$2.06"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}