---
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"
generated_at: "2026-05-17T00:15:56.833958+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marriott Vacations reports Q3 net loss $2M; contract sales down 4% YoY

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001524358-25-000163
- JSON: https://secwatch.observer/filing/0001524358-25-000163.json
- Plain text: https://secwatch.observer/filing/0001524358-25-000163.txt

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