secwatch.observer — SEC 8-K summary
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Issuer:     MARRIOTT INTERNATIONAL INC /MD/ (MAR)
CIK:        0001048286
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001628280-24-019458
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marriott Q1 adjusted EPS $2.13 beats $2.09 YoY; raises FY 2024 guidance
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- Q1 adjusted diluted EPS $2.13 vs $2.09 YoY; reported diluted EPS $1.93 vs $2.43.
- Worldwide RevPAR +4.2% (US & Canada +1.5%, international +11.1%).
- Added ~46,000 net rooms in Q1, including ~37,000 from MGM Resorts agreement.
- FY 2024 adjusted EBITDA guidance raised to $4.96B-$5.09B; adjusted EPS $9.31-$9.65.
- Repurchased 4.8M shares for $1.2B in Q1; YTD returned $1.7B to shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048286/000162828024019458/0001628280-24-019458-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048286/000162828024019458/mar-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-019458

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer