The earnings call highlighted strong adjusted EBITDA performance, high occupancy rates, and progress in modernization initiatives. However, there was a slight decline in contract sales, an increase in loan loss provisions, and a decrease in rental profits. Overall, the positive aspects slightly outweigh the challenges faced.

Company Guidance

During the Marriott Vacations Worldwide Second Quarter 2025 Earnings Call, the company reaffirmed its full-year guidance, highlighting key performance metrics. Adjusted EBITDA for the quarter was $203 million, and nearly 90% resort occupancy was achieved, with notable strength in Maui, Coastal Florida, and the Caribbean. Contract sales were down less than 1%, an improvement from Q1, while first-time buyer sales rose 6%, marking the fourth consecutive quarter of year-over-year growth. The company's modernization initiative is on track to deliver $150 million to $200 million in run rate benefits by the end of 2026, split evenly between revenue initiatives and cost efficiencies. The sales reserve was 13% of contract sales, with delinquencies declining both sequentially and year-over-year. For the full year, the sales reserve is expected to be around 12.5%. The company also aims for $270 million to $330 million in adjusted free cash flow, excluding one-time cash costs related to modernization, and maintains a long-term financial model targeting high single-digit to low double-digit EPS growth.

Strong Adjusted EBITDA Performance

Achieved $203 million in adjusted EBITDA for the quarter and reiterated full-year guidance, showing resilience in the business model and strong demand for leisure travel.

High Resort Occupancy Rates

Reported nearly 90% resort occupancy with strength in regions such as Maui, Coastal Florida, and the Caribbean.

Increase in First-Time Buyer Sales

First-time buyer sales increased by 6%, marking the fourth consecutive quarter of year-over-year growth in this segment.

Progress in Modernization Initiatives

Continued advancement in the company's modernization program, aiming for $150 million to $200 million in run rate benefits by the end of 2026, focusing on revenue initiatives and cost savings.

Strong Financing Profit

Financing profit increased 7% to $53 million.

Marriott Vacations Worldwide Corporation (VAC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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VAC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	1.64 / -	1.8	―	―	―
Aug 04, 2025	2025 (Q2)	1.77 / 1.96	1.1	78.18% (+0.86)
May 07, 2025	2025 (Q1)	1.51 / 1.66	1.8	-7.78% (-0.14)
Feb 26, 2025	2024 (Q4)	1.52 / 1.86	1.88	-1.06% (-0.02)
Nov 06, 2024	2024 (Q3)	1.57 / 1.80	1.2	50.00% (+0.60)
Jul 31, 2024	2024 (Q2)	1.99 / 1.10	2.19	-49.77% (-1.09)
May 06, 2024	2024 (Q1)	1.69 / 1.80	2.54	-29.13% (-0.74)
Feb 21, 2024	2023 (Q4)	1.75 / 1.88	2.74	-31.39% (-0.86)
Nov 01, 2023	2023 (Q3)	2.09 / 1.20	3.02	-60.26% (-1.82)
Aug 02, 2023	2023 (Q2)	2.76 / 2.19	2.87	-23.69% (-0.68)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

VAC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$74.35	$72.98	-1.84%
May 07, 2025	$57.52	$63.57	+10.52%
Feb 26, 2025	$83.44	$75.71	-9.26%
Nov 06, 2024	$82.13	$92.97	+13.20%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Marriott Vacations Worldwide Corporation (VAC) report earnings?

Marriott Vacations Worldwide Corporation (VAC) is schdueled to report earning on Nov 11, 2025, Before Open (Confirmed).

What is Marriott Vacations Worldwide Corporation (VAC) earnings time?

Marriott Vacations Worldwide Corporation (VAC) earnings time is at Nov 11, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is VAC EPS forecast?

VAC EPS forecast for the fiscal quarter 2025 (Q3) is 1.64.

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