{"schema_version":"secwatch.filing_event.v1","accession":"0001524358-24-000073","form_type":"8-K","ticker":"VAC","cik":"0001524358","company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","filed_at":"2024-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.367132+00:00","generated_at":"2026-05-31T14:21:46.084477+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Marriott Vacations Q2 net income down 59% YoY; raises sales reserve by $70M; cuts outlook","bullets":["Contract sales $449M, down 1% YoY; ex-Maui up 3%. Tours up 5% but VPGs declined, especially first-time buyer.","Increased sales reserve by $70M for higher expected defaults, reducing net income by $45M.","Net income $37M ($0.98 diluted EPS) vs $90M ($2.37) prior year; adjusted net income $42M ($1.10).","Adjusted EBITDA $157M, down 29% YoY; full-year contract sales guidance revised lower for H2.","Resort occupancy 90% in Q2; rentals exceeded expectations but loan delinquencies not improving."],"urls":{"canonical":"https://secwatch.observer/filing/0001524358-24-000073","json":"https://secwatch.observer/filing/0001524358-24-000073.json","markdown":"https://secwatch.observer/filing/0001524358-24-000073.md","text":"https://secwatch.observer/filing/0001524358-24-000073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1524358/000152435824000073/0001524358-24-000073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1524358/000152435824000073/vac-20240731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T14:21:46.084477+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}