Hilton Grand Vacations Q1 Earnings Call Highlights

Wang said adjusted EBITDA exceeded expectations and grew 8% year over year, supported by 130 basis points of margin expansion and cost efficiencies. He also highlighted share repurchases of $150 million in the quarter and said total capital returned since becoming a standalone public company is “nearly $2.3 billion.”Senior Vice President of Investor Relations Mark Melnyk noted the company’s prepared remarks focused on metrics that remove the impact of ASC 606 “net deferrals,” which management said better re ...

Hilton Grand Vacations Q1 Earnings Call Highlights - Reportify