Travel+Leisure beats top-line and bottom-line estimates; updates FY26 outlook
Travel+Leisure (TNL) reported Q3 Non-GAAP EPS of $2.21, beating estimates by $0.15. Revenue grew 5.8% year-over-year to $1.1B, exceeding expectations by $20M. Gross VOI sales rose 6% to $720M. Adjusted EBITDA increased 6% to $283M. The company also updated its FY26 outlook.