{"schema_version":"secwatch.filing_event.v1","accession":"0001524358-25-000163","form_type":"8-K","ticker":"VAC","cik":"0001524358","company_name":"MARRIOTT VACATIONS WORLDWIDE Corp","filed_at":"2025-11-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.626985+00:00","generated_at":"2026-05-17T00:15:56.833958+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Marriott Vacations reports Q3 net loss $2M; contract sales down 4% YoY","bullets":["Net loss attributable to common stockholders of $2M ($0.07 diluted loss per share); adjusted net income $66M ($1.69 adjusted diluted EPS).","Consolidated contract sales $439M, down 4% YoY due to 1% fewer tours and 5% lower VPG.","Adjusted EBITDA $170M; company updates full-year outlook but provides no specifics.","CEO cites actions to return to growth: realigned field incentives, curbed third-party rentals, FICO-based lead screening.","Expects $150M-$200M Adjusted EBITDA benefit from modernization program by end of 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001524358-25-000163","json":"https://secwatch.observer/filing/0001524358-25-000163.json","markdown":"https://secwatch.observer/filing/0001524358-25-000163.md","text":"https://secwatch.observer/filing/0001524358-25-000163.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1524358/000152435825000163/0001524358-25-000163-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1524358/000152435825000163/vac-20251105.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:15:56.833958+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"}