{"schema_version":"secwatch.filing_event.v1","accession":"0001524358-23-000028","form_type":"8-K","ticker":"VAC","cik":"0001524358","company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.186437+00:00","generated_at":"2026-06-12T13:09:10.253013+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Marriott Vacations reports Q2 net income $90M ($2.17 EPS), contract sales down 10% YoY","bullets":["Contract sales $453M (-10% YoY); VPG $3,968 (-14% YoY); tours +4%.","Net income $90M vs $136M prior; diluted EPS $2.17 (-27%).","Adjusted EBITDA $222M (-13% YoY); Segment Adjusted EBITDA $245M.","Repurchased 621k shares for $82M; Board increased buyback auth. to $600M.","Updated FY2023 outlook; expect full-year contract sales growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001524358-23-000028","json":"https://secwatch.observer/filing/0001524358-23-000028.json","markdown":"https://secwatch.observer/filing/0001524358-23-000028.md","text":"https://secwatch.observer/filing/0001524358-23-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1524358/000152435823000028/0001524358-23-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1524358/000152435823000028/vac-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T13:09:10.253013+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":"b8ae7be789020f8b854895be1b3697398b71c8ba","claim":"MARRIOTT VACATIONS WORLDWIDE Corp reported the quarter ended June 30, 2023 results: net income $90 million, EPS $2.17.","evidence_excerpt":"Net income attributable to common shareholders was $90 million compared to $136 million in the prior year, and fully diluted earnings per share decreased 27% to $2.17.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1524358/000152435823000028/0001524358-23-000028-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Net income","value":"$90 million"},{"label":"EPS","value":"$2.17"},{"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"}