---
schema_version: "secwatch.filing_event.v1"
accession: "0001524358-26-000020"
form_type: "8-K"
ticker: "VAC"
cik: "0001524358"
company_name: "MARRIOTT VACATIONS WORLDWIDE Corp"
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:21:03.942143+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marriott Vacations Q1 contract sales $411M (-2% YoY); adj. EBITDA $161M, reiterates FY guidance

## Summary
- Net income $22M ($0.64 diluted EPS) vs $56M ($1.46) a year ago; adjusted EPS $1.24 (-25%).
- Adjusted EBITDA $161M, down from $192M in Q1 2025.
- Reaffirms full-year Adjusted EBITDA guidance; Q2 contract sales expected +4-8% and adj. EBITDA $187-202M.
- Targets $125M+ in asset sale proceeds in 2026 and $200-250M by end of 2027.

## SEC filing metadata
- accession: 0001524358-26-000020
- form_type: 8-K
- ticker: VAC
- cik: 0001524358
- company_name: MARRIOTT VACATIONS WORLDWIDE Corp
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1524358/000152435826000020/0001524358-26-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524358/000152435826000020/vac-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001524358-26-000020
- JSON: https://secwatch.observer/filing/0001524358-26-000020.json
- Plain text: https://secwatch.observer/filing/0001524358-26-000020.txt

## Key facts
- Earnings Releases
  MARRIOTT VACATIONS WORLDWIDE Corp reported the first quarter of 2026 results: net income $22 million, EPS $0.64. Guidance reaffirmed.
  - Period: the first quarter of 2026
  - Net income: $22 million
  - EPS: $0.64
  - Guidance: reaffirmed
  - Result: reported results
  source text: First Quarter 2026 Highlights • Contract sales were $411 million in the quarter, a 2% decline compared to the prior year. • Net income attributable to common stockholders was $22 million compared to $56 million in the prior year and diluted earnings per share was $0.64 compared to $1.46 in the prior year. • Adjusted net income attributable to common stockholders
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524358/000152435826000020/0001524358-26-000020-index.htm

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