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Stock impact report

Marriott Vacations Worldwide Q4 Earnings Call Highlights [Yahoo! Finance]

Marriott Vacations Worldwide Corporation (VAC) 
Last marriott vacations worldwide corporation earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
inventory/other assets, $160M on assets targeted for monetization, and $184M related to goodwill and intangibles from the ILG acquisition. Management is refocusing on profitability and free cash flow by cutting capital spending (reducing capex by about $70–$80 million ), deferring or cancelling Asia projects and implementing a deliberate reduction in Asia-Pacific tours for 2026 while targeting $200–$250M of asset monetizations over the next two years. Operationally, contract sales fell 4% in Q4 and 3% for 2025 with adjusted EBITDA of $186M (Q4) and $751M (FY), and 2026 guidance calls for contract sales roughly flat to up ~1% at the midpoint, adjusted EBITDA of $755–$780M and adjusted free cash flow of $375–$425 million (50–55% conversion); net corporate debt stands at $3.2B (4.2x leverage). Interested in Marriott Vacations Worldwide Corporation? Here are five stocks we like better. 15 best consumer discretionary stocks for the rest of 2023 Marriott Vacations Worldwide (NYSE: Show less Read more
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