secwatch.observer — SEC 8-K summary
======================================

Issuer:     MARRIOTT INTERNATIONAL INC /MD/ (MAR)
CIK:        0001048286
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001628280-24-033622
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marriott Q2 2024: RevPAR +4.9%, adjusted EPS $2.50 (beat), net income $772M, outlook narrowed
--------------------------------------------------------------------------------

- RevPAR worldwide +4.9% constant $; US&Canada +3.9%, international +7.4%.
- Reported diluted EPS $2.69 (vs $2.38); adjusted diluted EPS $2.50 (vs $2.26). Net income $772M.
- Adjusted EBITDA $1,324M, up from $1,219M; net rooms added ~15,500; total rooms ~1.66M.
- Repurchased 4.1M shares for $1.0B in Q2; YTD returned $2.8B; expects $4.3B in 2024.
- Full year RevPAR growth guidance narrowed to 3-4% worldwide; adjusted EPS guidance $9.23-$9.40.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1048286/000162828024033622/0001628280-24-033622-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1048286/000162828024033622/mar-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-033622

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