Nov 4, 7:01 AM ET
Marriott Vacations Worldwide reported third-quarter 2026 results, with net income attributable to common stockholders of $82 million, or $2.24 per diluted share, compared with a net loss of $2 million, or $0.07 per share, a year earlier. The company raised the midpoint of its full-year contract sales and Adjusted EBITDA guidance, despite an estimated $16 million hit to Adjusted EBITDA from Hurricane Lowell.
- Q3 net income attributable to common stockholders was $82 million, or $2.24 diluted EPS, versus a loss of $2 million, or $0.07, a year earlier
- Contract sales rose 29% to $565 million; Adjusted EBITDA rose 27% to $216 million
- Full-year 2026 Adjusted EBITDA guidance now $810 million to $830 million, versus $805 million to $830 million previously
- Share repurchase authorization of $322 million extended from December 31, 2026 to December 31, 2027
Read the filing on SEC.gov ↗
Aug 6, 7:01 AM ET
Marriott Vacations Worldwide reported second-quarter 2026 results on August 6, 2026, with total revenues of $1.3 billion, up 6% from a year earlier, and net income attributable to common stockholders of $77 million, up from $69 million. The company raised its full-year 2026 guidance for contract sales, Adjusted EBITDA and Adjusted free cash flow, which points to higher expected results for shareholders, though the guidance excludes items such as restructuring, litigation and impairment charges that the company says may be significant.
- Q2 2026 contract sales rose 22% to $545 million; diluted EPS was $2.12 versus $1.77 a year earlier
- Adjusted EBITDA rose to $215 million from $203 million; Adjusted EBITDA margin was 23.4% versus 24.3%
- 2026 contract sales guidance raised to $2,080 million to $2,115 million from $1,815 million to $1,885 million
- 2026 adjusted diluted EPS guidance raised to $8.25 to $9.05 from $7.05 to $7.80
Read the filing on SEC.gov ↗
Aug 3, 10:13 AM ET
Marriott Vacations Worldwide said CFO Jason Marino entered into an employment agreement effective July 30, 2026, to continue as Executive Vice President and Chief Financial Officer. The agreement sets a base salary of not less than $650,000, a 2026 target bonus of 110% of base salary, and a CFO Transformation Award tied to stock price and Adjusted EBITDA goals through December 31, 2028.
- Base salary of not less than $650,000; 2026 target bonus 110% of base salary, maximum 220%
- CFO Transformation Award has a target of 37,500 restricted stock units, with up to 75,000 units if maximum goals are met
- Stock price goals start at $115 (threshold) and reach maximum at $215 or greater; Adjusted EBITDA goals run from $875,000,000 (threshold) to $1,100,000,000 or greater (maximum)
- Severance on termination without cause is two times base salary plus target bonus, with 24 months of COBRA premiums
Read the filing on SEC.gov ↗
Jul 21, 8:00 AM ET
Marriott Vacations Worldwide said that, as part of an internal reorganization, its Executive Vice President and Chief Brand and Digital Officer position will be eliminated effective July 31, 2026, and Lori Gustafson will separate from the company. Her separation agreement provides a $1,425,000 severance payment and possible additional payment tied to 2026 company performance, which matters to shareholders as a cost and as a sign of executive-level restructuring.
- Position of Executive Vice President and Chief Brand and Digital Officer eliminated effective July 31, 2026, as part of an internal reorganization
- Gustafson may receive an additional payment based on MVW's actual 2026 performance; equity awards treated generally consistent with existing terms
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.