Oct 27, 6:31 AM ET
Travel + Leisure Co. reported third-quarter 2026 net revenue of $1.10 billion, up 5% from a year earlier, and diluted earnings per share of $1.73, up from $1.67. The company raised the midpoint of its full-year 2026 Adjusted EBITDA guidance to a range of $1.070 billion to $1.085 billion. Travel and Membership revenue fell 11%, and GAAP net income declined 3% to $108 million.
- Q3 net revenue $1.10 billion vs. $1.04 billion a year earlier; net income $108 million vs. $111 million
- Diluted EPS $1.73 vs. $1.67; Adjusted diluted EPS $2.21, up 23%
- Full-year 2026 Adjusted EBITDA guidance now $1.070 billion to $1.085 billion
- Travel and Membership revenue down 11% to $150 million on lower transaction revenue
Read the filing on SEC.gov ↗
Jul 22, 6:32 AM ET
Travel + Leisure Co. reported second-quarter 2026 net revenue of $1.06 billion, up 4%, and net income of $109 million, with diluted earnings per share of $1.72 versus $1.62 a year earlier. The company raised its full-year 2026 Adjusted EBITDA guidance to $1,065 million to $1,085 million and said it announced two acquisitions that add more than 100,000 owners. The Travel and Membership segment weakened, with revenue down 5% and Adjusted EBITDA down 11%.
- Q2 net income of $109 million; diluted EPS of $1.72 versus $1.62 in Q2 2025
- Full-year 2026 Adjusted EBITDA guidance raised to $1,065 million to $1,085 million
- Travel and Membership revenue fell 5% to $157 million; segment Adjusted EBITDA fell 11% to $49 million
- Returned $125 million to shareholders in Q2, including $88 million of share repurchases; $745 million remained on the authorization at June 30, 2026
Read the filing on SEC.gov ↗
May 20, 4:34 PM ET
Travel + Leisure Co. issued $900 million of 6.250% senior secured notes due 2031 on May 20, 2026, and expects to use the proceeds to redeem its 6.625% notes due July 2026 and repay revolving credit facility borrowings. The company also said the 2026 Notes will be redeemed on May 22, 2026, so the refinancing replaces higher-coupon-free near-term debt with a new longer-dated secured obligation carrying a 6.250% rate.
- Notes: $900 million aggregate principal, 6.250% senior secured, due 2031, sold to Deutsche Bank Securities Inc. and other initial purchasers
- Proceeds expected to redeem all 6.625% secured notes due July 2026, repay revolver borrowings due June 2030, and fund general corporate purposes
- Interest payable semi-annually on June 1 and December 1, starting December 1, 2026
- 2026 Notes to be redeemed on May 22, 2026; notes are not guaranteed by subsidiaries
Read the filing on SEC.gov ↗
Apr 22, 6:31 AM ET
Travel + Leisure reported first quarter 2026 net income of $79 million, or $1.22 per diluted share, up from $73 million and $1.07 a year earlier, on net revenues of $961 million, up 3%. The company reaffirmed its full-year 2026 Adjusted EBITDA guidance of $1,030 million to $1,055 million and forecast second quarter Adjusted EBITDA of $260 million to $270 million, but operating cash flow fell to $38 million from $121 million.
- Net revenues of $961 million, up 3% from $934 million; diluted EPS of $1.22 vs. $1.07, up 14%
- Adjusted EBITDA of $225 million, up 11%; Adjusted diluted EPS of $1.45 vs. $1.11, up 31%
- Full-year 2026 Adjusted EBITDA guidance of $1,030 million to $1,055 million reaffirmed; second quarter guidance $260 million to $270 million
- Net cash from operating activities of $38 million vs. $121 million; Travel and Membership Adjusted EBITDA fell 13% to $59 million
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.