Marriott Vacations Worldwide (VAC) CEO, Stephen Weisz on Q1 2022 Results - Earnings Call Transcript

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Q1: 2022-05-05 Earnings Summary

EPS of $1.70 beats by $0.17
 | Revenue of $1.05B (38.60% Y/Y) beats by $13.51M

Marriott Vacations Worldwide Corporation (NYSE:VAC) Q1 2022 Earnings Conference Call May 6, 2022 8:30 AM ET

Company Participants

Stephen Weisz - Chief Executive Officer
John Geller - President
Tony Terry - Executive Vice President, Chief Financial Officer

Conference Call Participants

Patrick Scholes - Truist Securities
Ben Chaiken - Credit Suisse
Chris Woronka - Deutsche Bank

Operator

Greetings and welcome to the Marriott Vacations Worldwide first quarter 2022 earnings call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require Operator assistance during the conference, please press star, zero on your telephone keypad. As a reminder, this conference is being recorded.


I would now like to turn the conference over to your host, Tony Terry, Executive Vice President and Chief Financial Officer for Marriott Vacations Worldwide. Thank you, you may begin.

Tony Terry

Thank you and welcome to the Marriott Vacations Worldwide first quarter 2022 earnings conference call. I am joined today by Steve Weisz, Chief Executive Officer and our President, John Geller.

I need to remind everyone that many of our comments today are not historical facts and are considered forward-looking statements under federal securities laws. These statements are subject to numerous risks and uncertainties as described in our SEC filings which could cause future results to differ materially from those expressed in or implied by our comments. Forward-looking statements in the press release that we issued last night and the presentation we added to our website this morning, as well as our comments on this call, are effective only when made and will not be updated as actual events unfold.

Throughout the call, we will make references to non-GAAP financial information. You can find a reconciliation of non-GAAP financial measures referred to in our remarks in the

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