secwatch.observer — SEC 8-K summary ====================================== Issuer: MARRIOTT VACATIONS WORLDWIDE Corp (VAC) CIK: 0001524358 Form: 8-K Filed at: 2026-05-05T23:59:59+00:00 Accession: 0001524358-26-000020 Event type: earnings Sentiment: neutral Materiality: 0.70 Item codes: 2.02, 7.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Marriott Vacations Q1 contract sales $411M (-2% YoY); adj. EBITDA $161M, reiterates FY guidance -------------------------------------------------------------------------------- - 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. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1524358/000152435826000020/0001524358-26-000020-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1524358/000152435826000020/vac-20260505.htm HTML page: https://secwatch.observer/filing/0001524358-26-000020 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer