Marriott Vacations Q2 2025 net income $69M, adj. EPS $1.96; reiterates outlook

MARRIOTT VACATIONS WORLDWIDE Corp

2025-Q2 EPS reported $3.23 revenue$2,446,000,000

Consolidated contract sales of $445M in Q2 2025.
Net income $69M ($1.77 diluted EPS); adjusted net income $77M ($1.96 adj. diluted EPS).
Adjusted EBITDA of $203M; management reiterates full-year 2025 guidance.
Year-over-year first-time buyer sales increased; leisure travel demand cited as resilient.
Expects $150M-$200M annualized Adj. EBITDA benefits from modernization program by end of 2026.

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