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

Issuer:     WYNDHAM HOTELS & RESORTS, INC. (WH)
CIK:        0001722684
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0001722684-24-000015
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wyndham Q2 adjusted EPS $1.13 beats prior year; raises FY EPS guidance to $4.20-4.32
--------------------------------------------------------------------------------

- Net income $86M (+23% YoY); diluted EPS $1.07 (+30% YoY); adjusted diluted EPS $1.13 (+22% YoY).
- Fee-related and other revenues $366M vs $358M; global RevPAR +2% constant currency; system rooms +4%.
- Record development pipeline of 245,000 rooms (+7% YoY); awarded 180 new contracts, up 33% in U.S.
- Raises FY 2024 adjusted diluted EPS outlook to $4.20-$4.32; lowers RevPAR guidance to approx. flat.
- Returned $162M to shareholders via $131M share repurchases and $0.38 quarterly dividend.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722684/000172268424000015/0001722684-24-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722684/000172268424000015/wh-20240724.htm
  HTML page:      https://secwatch.observer/filing/0001722684-24-000015

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