---
schema_version: "secwatch.filing_event.v1"
accession: "0001524358-23-000037"
form_type: "8-K"
ticker: "VAC"
cik: "0001524358"
company_name: "MARRIOTT VACATIONS WORLDWIDE Corp"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:30:58.099299+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marriott Vacations Q3 net income drops to $42M; loan loss provision, Maui fires weigh

## Summary
- Net income $42M ($1.09 diluted EPS) vs $109M prior year; adjusted EPS $1.20.
- Contract sales $438M; VPG $4,055, up $87 sequentially but hit by Maui fires.
- $59M loan loss provision cut net income by $36M, adj. EBITDA by $49M.
- Maui wildfires estimated to reduce contract sales by $28M and adj. EBITDA by $24M.
- Repurchased 793,300 shares for $86M; declared $0.72 quarterly dividend.

## SEC filing metadata
- accession: 0001524358-23-000037
- form_type: 8-K
- ticker: VAC
- cik: 0001524358
- company_name: MARRIOTT VACATIONS WORLDWIDE Corp
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524358/000152435823000037/0001524358-23-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524358/000152435823000037/vac-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001524358-23-000037
- JSON: https://secwatch.observer/filing/0001524358-23-000037.json
- Plain text: https://secwatch.observer/filing/0001524358-23-000037.txt

## Key facts
- Earnings Releases
  MARRIOTT VACATIONS WORLDWIDE Corp reported third quarter 2023 financial results results: net income Net income attributable to common shareholders was $42 million, EPS fully diluted earnings per share was $1.09.
  - Period: third quarter 2023 financial results
  - Net income: Net income attributable to common shareholders was $42 million
  - EPS: fully diluted earnings per share was $1.09
  - Result: reported results
  source text: Net income attributable to common shareholders was $42 million compared to $109 million in the prior year, and fully diluted earnings per share was $1.09.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524358/000152435823000037/0001524358-23-000037-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.