---
schema_version: "secwatch.filing_event.v1"
accession: "0001524358-24-000003"
form_type: "8-K"
ticker: "VAC"
cik: "0001524358"
company_name: "MARRIOTT VACATIONS WORLDWIDE Corp"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:01:48.756679+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Marriott Vacations Q4 contract sales $447M; adj. EPS $1.88; dividend raised to $0.76

## Summary
- Consolidated contract sales fell 2% YoY to $447M; ex-Maui fires would have grown 4% with tours +4%.
- Net income $35M ($0.93 GAAP EPS); adjusted net income $75M ($1.88 adjusted EPS).
- Q4 adjusted EBITDA $186M; Maui wildfires reduced net income by $17M and EBITDA by $24M.
- Repurchased 431K shares for $38M in Q4; full-year repurchased 6% of shares for $286M and paid $106M dividends.
- Provided 2024 guidance; CEO says Abound transition complete, focusing on tech-driven revenue growth and cost savings.

## SEC filing metadata
- accession: 0001524358-24-000003
- form_type: 8-K
- ticker: VAC
- cik: 0001524358
- company_name: MARRIOTT VACATIONS WORLDWIDE Corp
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524358/000152435824000003/0001524358-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524358/000152435824000003/vac-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001524358-24-000003
- JSON: https://secwatch.observer/filing/0001524358-24-000003.json
- Plain text: https://secwatch.observer/filing/0001524358-24-000003.txt

## Key facts
- Earnings Releases
  MARRIOTT VACATIONS WORLDWIDE Corp reported quarter and fiscal year ended December 31, 2023 results: net income $35 million, EPS $0.93. Guidance initiated.
  - Period: quarter and fiscal year ended December 31, 2023
  - Net income: $35 million
  - EPS: $0.93
  - Guidance: initiated
  - Result: reported results
  source text: Net income attributable to common stockholders was $35 million and fully diluted earnings per share was $0.93.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524358/000152435824000003/0001524358-24-000003-index.htm

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