UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________ FORM 10-Q ___________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35219 _________________________ Marriott Vacations Worldwi ...

Exhibit 99.1 Neal Goldner Investor Relations 407-206-6149 neal.goldner@mvwc.com Cameron Klaus Global Communications 407-513-6606 cameron.klaus@mvwc.com Marriott Vacations Worldwide Reports First Quarter 2024 Financial Results ORLANDO, Fla. – May 6, 2024 – Marriott Vacations Worldwide Corporation (NYSE: VAC) ("MVW," the "Company," "we" or "our") reported first quarter 2024 financial results. First Quarter 2024 Highlights "It was great to see so many of our owners and guests spending time with their families ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-35219 Marriott Vacations Worldwide Corporation (Exact name of registrant as specified in its charter) | Delaware | | 45-2598330 | | --- | --- | --- ...

Marriott Vacations Worldwide Corporation (NYSE:VAC) Q4 2023 Earnings Conference Call February 22, 2024 8:30 AM ET Company Participants Neal Goldner - Vice President-Investor Relations John Geller - President & Chief Executive Officer Jason Marino - Executive Vice President & Chief Financial Officer Conference Call Participants Brandt Montour - Barclays Chris Woronka - Deutsche Bank Patrick Scholes - Truist Securities Ryan Lambert – JPMorgan Shaun Kelley - Bank of America David Katz - Jefferies Operator Gree ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------|-------|---------------|-------|-------|--------------------------|------------------------|----------------|-------------------|-----------------------| | | | | | | | | | February 22, 2024 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | SHERATON VACATION VACATION CLUB CLUB. | | VACATION CLUE | | | THE RITZ-CARLTONCLUB | STRECIS RESIDENCE ...

Financial Performance - Consolidated Vacation Ownership contract sales for Q4 2023 were $447 million, a 2% decline year-over-year, but would have increased by 4% excluding the impact of the Maui wildfires[6] - Net income attributable to common stockholders for Q4 2023 was $35 million, with adjusted net income of $75 million, resulting in adjusted fully diluted earnings per share of $1.88[6] - Adjusted EBITDA for Q4 2023 was $186 million, which would have been $210 million without the estimated impact of the Maui wildfires[6] - Total revenues for Q4 2023 were $1,194 million, a slight increase of 0% from $1,188 million in Q4 2022[27] - Adjusted net income attributable to common stockholders for the fiscal year 2023 was $322 million, a decrease of 30% from $458 million in 2022[27] - Net income attributable to common stockholders for the twelve months was $254 million, down 38% from $391 million in the prior year[35] - Earnings per share (EPS) for common stockholders decreased to $6.96 from $9.69, reflecting a decline of 28.2%[35] - The company reported a net income of $199 million for the three months ended December 31, 2023, compared to $18 million in the same period of 2022[38] - Net income attributable to common stockholders for Q4 2023 was $35 million, a decrease of 60% from $88 million in Q4 2022[48] - Adjusted net income attributable to common stockholders for Q4 2023 was $75 million, down 35% from $115 million in Q4 2022[52] Revenue and Sales - Total consolidated contract sales for Q4 2023 were $447 million, a decrease of 2% from $454 million in Q4 2022[27] - Consolidated contract sales for the year reached $1,772 million, down from $1,837 million in the previous year, with net sales after resales at $1,730 million[45] - The vacation ownership products segment generated revenues of $1,460 million, a decrease of 39 million compared to $1,618 million in the previous year[35] - The management and exchange segment reported revenues of $813 million, slightly down from $827 million[35] - Total revenues for the twelve months ended December 31, 2023, were $4,727 million, a decrease of 1.5% from $4,656 million in the previous year[35] - Total revenues for the quarter were $1,113 million, a decrease of 12% compared to the previous year, resulting in adjusted revenues of $1,101 million[41] Expenses and Costs - Total expenses increased to $4,191 million, up 8.2% from $3,872 million in the previous year[35] - General and administrative costs increased by $22 million in Q4 2023, primarily due to higher IT spending for digital and data initiatives[13] - The company incurred transaction and integration costs of $37 million for the twelve months ended December 31, 2023[35] - Cost of vacation ownership products for the year was $224 million, down from $289 million in the previous year, contributing to improved profitability[45] - The company experienced a decrease in marketing and sales expenses, totaling $205 million for the quarter, compared to $204 million in the previous year[42] Liquidity and Cash Flow - The company ended 2023 with $929 million in liquidity, including $248 million in cash and cash equivalents[14] - Total cash and cash equivalents decreased to $248 million in FY 2023 from $524 million in FY 2022[59] - The company reported a net change in cash, cash equivalents, and restricted cash of $(280) million in 2023, compared to an increase of $51 million in 2022[61] - In fiscal year 2023, cash provided by operating activities was $232 million, a decrease of 55.6% compared to $522 million in 2022[61] Future Outlook - For full year 2024, the company expects contract sales between $1.88 billion and $1.93 billion, with net income attributable to common stockholders projected between $285 million and $320 million[17] - The company anticipates leveraging technology to enhance core operations and improve contract sales in 2024[24] - Future risks include potential impacts from health crises, economic volatility, and global supply chain disruptions[24] - For fiscal year 2024, adjusted net income attributable to common stockholders is projected to be between $305 million and $335 million, with adjusted earnings per share expected to range from $7.65 to $8.35[63] - Adjusted EBITDA for fiscal year 2024 is forecasted to be between $760 million and $800 million, reflecting adjustments for anticipated transaction costs and litigation charges[65] - The company anticipates free cash flow for fiscal year 2024 to be between $352 million and $390 million, with adjusted free cash flow projected to range from $400 million to $450 million[68] Member and Revenue Metrics - Interval International had 1.6 million active members at the end of 2023, with average revenue per member increasing by 2% year-over-year in Q4[11] - Average revenue per Interval International member increased by 2% to $36.16 in Q4 2023 from $35.60 in Q4 2022[27] - Total active Interval International members remained stable at 1,564,000, unchanged from the previous year[27] - The total active international members at the end of 2023 was 1.564 million, a slight decrease from 1.566 million in 2022[71] - Average revenue per Interval International member in 2023 was $156.65, down from $157.97 in 2022, indicating a decline of 0.84%[71] Adjusted Financial Metrics - The company provided As Adjusted results for the three- and twelve-month periods ended December 31, 2022, to facilitate comparison of ongoing core operations[83] - As Adjusted results exclude impacts from the Alignment on both GAAP and non-GAAP financial measures[83] - The company believes that As Adjusted results assist with period-over-period comparisons of ongoing operations[83] - The focus on As Adjusted results aims to present a clearer picture of the company's performance excluding the Alignment's effects[83] - The company emphasizes the usefulness of As Adjusted information for stakeholders analyzing operational trends[83] - The financial data presented is intended to enhance understanding of the company's core business performance[83] - The Alignment's impact is specifically noted as a factor that could distort reported results[83] - The company aims to provide transparency in its financial reporting through the As Adjusted metrics[83] - The emphasis on ongoing operations reflects the company's strategy to highlight sustainable performance[83] - The results are part of the company's commitment to accurate and informative financial disclosures[83]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________ FORM 10-Q ___________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35219 _________________________ Marriott Vacations Wor ...

Marriott Vacations Worldwide Corp. (NYSE:VAC) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Neal Goldner - Vice President-Investor Relations John Geller - President and Chief Executive Officer Jason Marino - Executive Vice President and Chief Financial Officer Conference Call Participants Patrick Scholes - Truist Securities Brandt Montour - Barclays Shaun Kelley - Bank of America David Katz - Jefferies Ryan Lambert - JPMorgan Operator Greetings and welcome to the Marriott ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________ FORM 10-Q ___________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35219 _________________________ Marriott Vacations Worldwid ...

Marriott Vacations Worldwide Corporation (NYSE:VAC) Q2 2023 Earnings Call Transcript August 3, 2023 8:30 AM ET Company Participants Neal Goldner - Vice President-Investor Relations John Geller - President & Chief Executive Officer Anthony Terry - Executive Vice President & Chief Financial Officer Conference Call Participants Chris Woronka - Deutsche Bank Brandt Montour - Barclays David Katz - Jefferies Patrick Scholes - Truist Securities Operator Greetings, and welcome to the Marriott Vacations Worldwide Se ...