Highest-materiality recent filing
Marriott Vacations stockholders approve 2.5M share increase to equity plan through 2036
Plan approved with 17.4M for, 7.8M against; extends term to May 15, 2036.
Marriott Vacations Q1 contract sales $411M (-2% YoY); adj. EBITDA $161M, reiterates FY guidance
Net income $22M ($0.64 diluted EPS) vs $56M ($1.46) a year ago; adjusted EPS $1.24 (-25%).
Marriott Vacations Worldwide EVP, General Counsel James Hunter to retire after nearly 20 years
James H. Hunter IV's resignation as EVP, General Counsel and Secretary effective March 9, 2026; employment ends April 1, 2026.
Marriott Vacations Q4 net loss $431M on $546M impairment; adj EBITDA $186M
Q4 contract sales $458M; net loss $431M ($12.43 loss per share) includes $546M non-cash impairment charges.
Marriott Vacations appoints Matthew Avril as CEO, Michael Flaskey as President and COO
Matthew Avril, interim CEO since Nov 2025, appointed CEO effective immediately; he joined the board in March 2025.
Marriott Vacations CEO Geller resigns at board request; Avril named interim CEO
John Geller resigned as President/CEO and director at board's request effective Nov 10; not due to disagreement.
Marriott Vacations reports Q3 net loss $2M; contract sales down 4% YoY
Net loss attributable to common stockholders of $2M ($0.07 diluted loss per share); adjusted net income $66M ($1.69 adjusted diluted EPS).
Marriott Vacations Worldwide subsidiary issues $575M 6.500% Senior Notes due 2033
Issuer Marriott Ownership Resorts, Inc. issued $575M aggregate principal of 6.500% Senior Notes due 2033.
Marriott Vacations subsidiary to offer $575M senior notes due 2033, refinancing 2026 converts
Marriott Ownership Resorts intends to offer $575M senior notes due 2033.
Marriott Vacations Q2 2025 net income $69M, adj. EPS $1.96; reiterates outlook
Consolidated contract sales of $445M in Q2 2025.
Marriott Vacations appoints Impactive Capital co-founder Asmar to board; standstill agreed
Christian Asmar, Impactive Capital co-founder, appointed to board immediately; Impactive owns ~9.5% of VAC.
Marriott Vacations Q1 adj EPS $1.66; revenue ex-cost reimbursements up 3%
Net income $56M ($1.46 diluted EPS); adjusted net income $65M ($1.66 adj diluted EPS).
Marriott Vacations enters $800M new revolver and $450M term loan to refinance 2026 notes
New $800M senior secured revolver matures March 2030, replacing $750M facility due 2027.
Marriott Vacations Q4 contract sales up 7% to $477M; adjusted EPS $1.86
Consolidated vacation ownership contract sales $477M, up 7% YoY; first-time buyer contract sales grew 9%.
Marriott Vacations Q3 net income $84M, adj. EPS $1.80, contract sales up 5%
Consolidated vacation ownership contract sales $459M, up 5% YoY.
Marriott Vacations Q2 net income down 59% YoY; raises sales reserve by $70M; cuts outlook
Contract sales $449M, down 1% YoY; ex-Maui up 3%. Tours up 5% but VPGs declined, especially first-time buyer.
Marriott Vacations Q1 net income $47M, contract sales $428M (-1% YoY); reaffirms FY guidance
Net income $47M ($1.22 diluted EPS) vs $87M prior year; adjusted net income $71M ($1.80 adj. diluted EPS).
Marriott Vacations refinances $800M term loan, extends maturity to 2031
New $800M term loan due April 1, 2031 refinances existing term loan due August 2025.
Marriott Vacations Q4 contract sales $447M; adj. EPS $1.88; dividend raised to $0.76
Consolidated contract sales fell 2% YoY to $447M; ex-Maui fires would have grown 4% with tours +4%.
Marriott Vacations Q3 net income drops to $42M; loan loss provision, Maui fires weigh
Net income $42M ($1.09 diluted EPS) vs $109M prior year; adjusted EPS $1.20.
Maui wildfires to cut Q3 contract sales by $25-30M, Adjusted EBITDA by $22-27M
Physical damage minimal; all Owner/exchange reservations cancelled through Sept 10; transient through Sept end.
Marriott Vacations reports Q2 net income $90M ($2.17 EPS), contract sales down 10% YoY
Contract sales $453M (-10% YoY); VPG $3,968 (-14% YoY); tours +4%.
MVW Q1 net income $87M, EPS $2.06 (+67% YoY); contract sales +10% to $434M
Net income attributable to common shareholders $87M ($2.06 diluted EPS) vs $58M ($1.23) a year ago; adjusted EPS $2.54 vs $1.71.
Marriott Vacations Q4 contract sales $454M (+12% YoY); FY22 record $1.84B; guides 2023 +5-9%
Q4 2022: net income $88M ($2.08 EPS); adjusted net income $115M ($2.74 EPS); Adjusted EBITDA $239M.
VAC issues $575M 3.25% convertible notes due 2027, enters hedge and warrant transactions
Issued $575M aggregate principal amount of 3.25% Convertible Senior Notes due Dec 15, 2027; initial conversion price ~$189.65 per share.
Marriott Vacations prices $500M 3.25% convertible senior notes due 2027, redeems higher-cost debt
Priced $500M of 3.25% convertible senior notes due December 2027; initial purchasers have option for additional $75M.
Marriott Vacations announces $500M convertible note offering to refinance debt and buy back stock
Offering $500M in convertible senior notes due 2027, with initial purchasers' option for additional $75M.
Stephen Weisz resigns as CEO and director, effective December 31, 2022; board accepted Dec 2.
Marriott Vacations Q3 contract sales up 27% to $483M; adj. EPS $3.02, repurchases $216M
Consolidated VO contract sales $483M (+27% YoY); VPG up 1% to $4,353.
Marriott Vacations Q2 contract sales $506M (+40% YoY); adj. EPS $2.87
Contract sales of $506M, up 40% YoY; VPG increased 7% to $4,613.
Marriott Vacations raises 2022 contract sales guidance by $100M
Full year contract sales guidance increased by $100M on strong owner occupancies and tour growth.
Marriott Vacations CEO Stephen Weisz to retire Dec 31, 2022; President John Geller named successor
Stephen P. Weisz to retire as CEO at fiscal year-end Dec 31, 2022, then advisor through Feb 17, 2023.
Marriott Vacations Q1 adjusted EPS $1.70, contract sales $394M, beating pre-pandemic levels
Net income $58M ($1.23 diluted EPS); adjusted net income $81M ($1.70 adjusted EPS).
MVW expands revolving credit facility to $750M and extends maturity to 2027
Revolver increased from $600M to $750M; $630M US and $120M multicurrency commitments.
Marriott Vacations Q4 contract sales $406M, above 2019; Adj. EBITDA $219M; 2022 outlook strong
Q4 contract sales $406M, +7% sequentially, exceeding 2019 levels. Net income $61M ($1.39 EPS); adj. EPS $2.38.
The Board, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, voted to appoint Christian A. Asmar as a director of the Board and a member of the Compensation Policy Committee effective upon execution of the Support Agreement
Melquiades R. Martinez and Raymond L. Gellein, Jr. notified the Company of their decision to retire from their positions as members of the Board effective immediately prior to the Company’s 2025 annual meeting of stockholders
Melquiades R. Martinez and Raymond L. Gellein, Jr. notified the Company of their decision to retire from their positions as members of the Board effective immediately prior to the Company’s 2025 annual meeting of stockholders
voted to appoint Matthew E. Avril and James A. (“Jim”) Dausch as directors of the Board, effective March 4, 2025.
voted to appoint Matthew E. Avril and James A. (“Jim”) Dausch as directors of the Board, effective March 4, 2025.
Ms. Marbert’s retirement date will be August 31, 2024.
the board of directors (the “Board”) of Marriott Vacations Worldwide Corporation (the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee of the Board, voted to appoint Mary E. Galligan as a Class III director of the Board.
On December 1, 2023, Jeanette E. Marbert, President, Exchange and Third-Party Management of Marriott Vacations Worldwide Corporation (the “Company”), notified the Company of her intention to retire in 2024.
On July 25, 2023, Marriott Vacations Worldwide Corporation (the “Company”) announced that Jason P. Marino has been appointed as the Company’s Executive Vice President and Chief Financial Officer, effective September 30, 2023.
As previously announced, Mr. Terry will retire from the Company as Executive Vice President and Chief Financial Officer of Marriott Vacations, and his retirement will be effective on September 29, 2023.
On May 5, 2023, Anthony E. Terry, Executive Vice President and Chief Financial Officer of Marriott Vacations Worldwide Corporation (the “Company”), notified the Company of his intention to retire from the Company later this year.
Marriott Vacations Worldwide Corporation (the “Company”) previously announced that Mr. Stephen P. Weisz will be retiring as the Company’s Chief Executive Officer effective December 31, 2022.
Max materiality 0.85 · Median 0.65 · Most common event earnings