Marriott Vacations reports Q4 adjusted $1.86, consensus $1.56

Reports Q4 revenue $1.33B, consensus $1.24B. “We had a strong end of the year, reflecting the resilience of our leisure-focused business model and the success of the initiatives we launched last year, with contract sales growing 7% year-over-year in the fourth quarter,” said John Geller, president and chief executive officer. “Looking forward, we believe we have substantial opportunities to accelerate revenue growth, reduce costs and enhance operational efficiencies, and expect to generate $150 million to $200 million in run-rate benefits from these initiatives by the end of 2026, with half coming from cost savings and efficiencies and the balance from accelerating revenue growth. We will also continue to focus on delivering the experiences our owners, members, and guests expect of us, which is the most important thing we can do as an organization.”