Travel + Leisure Co. Delivers Strong Q2 2026 Results and Lifts Full-Year Outlook
TNL sits 28% above its 52-week low of $56.66.
Summary
Travel + Leisure Co. reported Q2 2026 revenue of $1.06 billion and raised its full-year Adjusted EBITDA outlook, supported by strong vacation ownership sales and strategic acquisitions.
Key Events · Earnings and Guidance · TNL
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Q2 2026 Earnings Beat
Net revenue reached $1.06 billion (up 4% YoY), net income came in at $109 million ($1.72 diluted EPS), and Adjusted EBITDA hit $269 million (up 8% YoY). Adjusted diluted EPS of $1.88 rose 14%.
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Full-Year Guidance Raised
Management increased 2026 Adjusted EBITDA guidance to $1,065–$1,085 million, up from the prior range, reflecting confidence in vacation ownership demand and cost savings.
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Vacation Ownership Strength
Gross VOI sales grew 6% to $693 million, with VPG up 2% to $3,318. Segment Adjusted EBITDA rose 13% to $247 million, driven by higher sales and resort optimization savings.
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Shareholder Returns
Repurchased 1.2 million shares for $88 million at an average price of $69.50 in Q2, with $745 million remaining under authorization. Paid $37 million in dividends ($0.60/share).
Analysis · TNL · Real Estate & Construction
A solid second quarter saw revenue climb 4% and Adjusted EBITDA rise 8%, powered by the Vacation Ownership segment. Reflecting confidence in sustained demand, management raised full-year Adjusted EBITDA guidance to $1,065–$1,085 million. The period also featured $88 million in share buybacks and the completion of a $900 million debt refinancing that lowers interest costs. Adding to the growth story, the recently announced $343 million acquisitions of Yes& Vacations and Spinnaker Resorts bring over 100,000 new owners and broaden the company's leisure footprint.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TNL was trading at $72.60 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $4.6B. The 52-week trading range was $56.66 to $81.00. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.