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Stock impact report

Marriott Vacations Worldwide Corp (VAC) Q4 2024 Earnings Call Highlights: Strong Sales Growth ... [Yahoo! Finance Canada]

Marriott Vacations Worldwide Corporation (VAC) 
Last marriott vacations worldwide corporation earnings: 2/26 04:15 pm Check Earnings Report
First-Time Buyer Sales: Increased by 9% year over year. Owner Sales: Increased by 6% year over year. Development Margin: Achieved a strong 26%. Adjusted EBITDA (Vacation Ownership Segment): $221 million with a margin of 27%. Exchange and Third Party Management Segment EBITDA: Declined by $9 million year over year. Corporate G&A Expense: Declined by 23% year over year. Leverage: Approximately 4 times, with a long-term goal of 3 times. Liquidity: Over $900 million with no corporate debt maturities until early 2026. Shareholder Returns: $163 million returned through dividends and share repurchases in the past year. Inventory Spending: Plan to spend $90 to $95 million on reacquired inventory this year. Adjusted Free Cash Flow: Expected to be $290 to $350 million for the year. Modernization Initiative Savings: Expected to generate $150 to $200 million in annualized adjusted EBITDA by the end of 2026. Release Date: February 27, 2025 For the complete transcript of Show less Read more
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