secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT VACATIONS WORLDWIDE Corp (VAC)
CIK:        0001524358
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001524358-25-000096
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marriott Vacations Q1 adj EPS $1.66; revenue ex-cost reimbursements up 3%
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- Net income $56M ($1.46 diluted EPS); adjusted net income $65M ($1.66 adj diluted EPS).
- Adjusted EBITDA $192M; vacation ownership contract sales $420M in Q1.
- Returned $91M to stockholders: $36M share repurchases, $55M dividends.
- Reiterates full-year Adjusted EBITDA guidance; CEO cites strong profitability.
- First-time buyer sales grew, underscoring leisure-focused business model.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1524358/000152435825000096/0001524358-25-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1524358/000152435825000096/vac-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001524358-25-000096

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer