secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT INTERNATIONAL INC /MD/ (MAR)
CIK:        0001048286
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001628280-23-014748
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marriott Q1 adjusted EPS $2.09 beats $1.25; raises full-year RevPAR guidance
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- Reported diluted EPS $2.43; adjusted diluted EPS $2.09 vs $1.25 in Q1 2022.
- Worldwide RevPAR +34.3%; U.S. & Canada +25.6%; international +63.1%.
- Adjusted EBITDA $1,098M vs $759M; full-year 2023 RevPAR growth outlook raised to 10-13%.
- Added ~11,000 rooms in Q1; pipeline ~502,000 rooms; acquired City Express brand (~17,000 rooms).
- Repurchased 6.8M shares for $1.1B in Q1; total shareholder returns $1.5B YTD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048286/000162828023014748/0001628280-23-014748-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048286/000162828023014748/mar-20230502.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-014748

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