tiprankstipranks
Marriott Vacations Reports Strong Q3 2024 Financial Performance
Company Announcements

Marriott Vacations Reports Strong Q3 2024 Financial Performance

Don't Miss Our Christmas Offers:

Marriott Vacations Worldwide Corporation ( (VAC) ) has provided an announcement.

Marriott Vacations Worldwide reported a 5% increase in contract sales for the third quarter of 2024, reaching $459 million, with net income at $84 million. Adjusted EBITDA grew to $198 million, reflecting progress in enhancing customer experience and recovery efforts post-Maui wildfires. Despite a dynamic macroeconomic environment, the company is focused on accelerating growth and aims for significant cost efficiencies over the next two years. Investors are encouraged to monitor the company’s website for important updates.

For a thorough assessment of VAC stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskMarriott Vacations Extends Share Repurchase Program to 2025
TheFlyMarriott Vacations extends share repurchase program to December 31, 2025
TheFlyMarriott Vacations upgraded to Overweight from Equal Weight at Barclays
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App