---
schema_version: "secwatch.filing_event.v1"
accession: "0001524358-24-000037"
form_type: "8-K"
ticker: "VAC"
cik: "0001524358"
company_name: "MARRIOTT VACATIONS WORLDWIDE Corp"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:58:59.323258+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marriott Vacations Q1 net income $47M, contract sales $428M (-1% YoY); reaffirms FY guidance

## Summary
- Net income $47M ($1.22 diluted EPS) vs $87M prior year; adjusted net income $71M ($1.80 adj. diluted EPS).
- Contract sales $428M (-1% YoY); excluding Maui +3%. Adjusted EBITDA $187M (-8% YoY).
- Repurchased 280K shares for $24M, paid $54M in dividends during the quarter.
- Reaffirmed full-year contract sales and Adjusted EBITDA guidance; CEO says summer reservations up YoY, Maui demand near pre-wildfire levels.

## SEC filing metadata
- accession: 0001524358-24-000037
- form_type: 8-K
- ticker: VAC
- cik: 0001524358
- company_name: MARRIOTT VACATIONS WORLDWIDE Corp
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524358/000152435824000037/0001524358-24-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524358/000152435824000037/vac-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001524358-24-000037
- JSON: https://secwatch.observer/filing/0001524358-24-000037.json
- Plain text: https://secwatch.observer/filing/0001524358-24-000037.txt

## Key facts
- Earnings Releases
  MARRIOTT VACATIONS WORLDWIDE Corp reported the quarter ended March 31, 2024 results: net income Net income attributable to common stockholders was $47 million, EPS fully diluted earnings per share was $1.22. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2024
  - Net income: Net income attributable to common stockholders was $47 million
  - EPS: fully diluted earnings per share was $1.22
  - Guidance: reaffirmed
  - Result: reported results
  source text: Marriott Vacations Worldwide Reports First Quarter 2024 Financial Results ORLANDO, Fla. – May 6, 2024 – Marriott Vacations Worldwide Corporation (NYSE: VAC) (“MVW,” the “Company,” “we” or “our”) reported first quarter 2024 financial results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524358/000152435824000037/0001524358-24-000037-index.htm

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