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

Issuer:     WYNDHAM HOTELS & RESORTS, INC. (WH)
CIK:        0001722684
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001722684-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wyndham Q4 adjusted EPS $0.91 vs $0.72 YoY; record room openings, dividend raised 9%
--------------------------------------------------------------------------------

- Q4 diluted EPS $0.60, net income $50M; adjusted diluted EPS $0.91, adjusted net income $75M, adjusted EBITDA $154M (+22% YoY).
- Full-year 2023 diluted EPS $3.41, net income $289M; adjusted diluted EPS $4.01, adjusted EBITDA $659M (+6% comparable).
- System-wide rooms grew 3.5% YoY to record 871,800; retention rate 95.6%; development pipeline 240,000 rooms (+10%).
- Returned $515M to shareholders: $397M share repurchases, $118M dividends; quarterly dividend raised 9% to $0.38/share.
- FY2024 outlook: rooms growth 3-4%, RevPAR growth 2-3%, adjusted EBITDA $690-700M, adjusted EPS $4.11-$4.23.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722684/000172268424000003/0001722684-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722684/000172268424000003/wh-20240214.htm
  HTML page:      https://secwatch.observer/filing/0001722684-24-000003

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