secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT INTERNATIONAL INC /MD/ (MAR)
CIK:        0001048286
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001628280-23-036166
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marriott Q3 adjusted EPS $2.11 vs $1.69 YoY; raises FY RevPAR growth guidance to 14-15%
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- Adjusted diluted EPS $2.11, up from $1.69; reported net income $752M vs $630M.
- Worldwide comparable RevPAR +8.8% constant dollar; International RevPAR +21.8%.
- Added ~17,200 rooms in Q3; pipeline ~557,000 rooms, 43% under construction.
- FY2023 RevPAR growth guidance raised to 14-15% (from prior implied); expects $4.3-4.5B shareholder return.
- Repurchased 4.8M shares for $950M in Q3; YTD returned $3.7B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048286/000162828023036166/0001628280-23-036166-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048286/000162828023036166/mar-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-036166

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