Marriott Vacations Worldwide Corporation (NYSE:VAC) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.

During its third quarter 2016 earnings conference call on October 13, 2016, Marriott Vacations Worldwide Corporation (the “Company”) indicated that mandatory evacuations, shutdowns and cancellations of reservations and scheduled tours resulting from Hurricane Matthew had impacted sales operations at several of its locations, primarily those located in Hilton Head and Myrtle Beach, South Carolina. Currently, all of the Company’s sales centers that were impacted by Hurricane Matthew are fully operational. The Company estimates that the negative impact to contract sales in the fourth quarter as a result of Hurricane Matthew was approximately $7 million to $8 million. Even with this negative impact, the Company is reiterating its contract sales growth guidance of mid-teens for the fourth quarter and roughly four percent for the full year given the performance at its other sales centers.

The Company expects to mitigate a portion of the negative impact to net income from lost contract sales, as well as from lost rental and ancillary revenues, through business interruption insurance. The Company expects to provide any available updates regarding Hurricane Matthew and its impact on the Company’s financial results during the fourth quarter 2016 earnings conference call.

This Form 8-K contains “forward-looking statements” within the meaning of federal securities laws, including statements about future operating results, estimates, and assumptions, and similar statements concerning anticipated future events and expectations that are not historical facts. The Company cautions you that these statements are not guarantees of future performance and are subject to numerous risks and uncertainties, including volatility in the economy and the credit markets, supply and demand changes for vacation ownership and residential products, competitive conditions, the availability of capital to finance growth, and other matters referred to under the heading “Risk Factors” contained in the Company’s most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) and in subsequent SEC filings, any of which could cause actual results to differ materially from those expressed in or implied in this Form 8-K. These statements are made as of December 1, 2016 and the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

About Marriott Vacations Worldwide Corporation (NYSE:VAC)

Marriott Vacations Worldwide Corporation is a developer, marketer, seller and manager of vacation ownership and related products under the Marriott Vacation Club and Grand Residences by Marriott brands. The Company is a developer, marketer and seller of vacation ownership and related products under The Ritz-Carlton Destination Club brand. The Company develops, markets and sells whole ownership residential products under The Ritz-Carlton Residences brand. The Company operates through three segments: North America, Europe and Asia Pacific. The Company’s portfolio consists of approximately 60 properties in the United States and over eight other countries and territories. The Company’s brands include The Marriott Vacation Club, Grand Residences by Marriott, The Ritz-Carlton Destination Club and The Ritz-Carlton Residences. The Company also offers purchase money financing for purchasers of its vacation ownership products.

Marriott Vacations Worldwide Corporation (NYSE:VAC) Recent Trading Information

Marriott Vacations Worldwide Corporation (NYSE:VAC) closed its last trading session down -2.96 at 77.64 with 419,645 shares trading hands.