Marriott Vacations Q2 contract sales +22% to $545M; net income $77M; raises full-year guidance

MARRIOTT VACATIONS WORLDWIDE Corp

Contract sales $545M, up 22% YoY; VPG improved 23% year over year.
Net income $77M ($2.12 diluted EPS) vs $69M ($1.77) prior year.
Adjusted EBITDA $215M vs $203M; adjusted diluted EPS $2.31, up 18%.
Raises full-year guidance for contract sales, Adjusted EBITDA, and Adjusted Free Cash Flow.

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