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Marriott Vacations shared its Q3 results, showing contract sales up 29% to $565 million.

ResultsRead the original at Benzinga
Good for VAC

Marriott Vacations raised its full-year profit forecast as sales and profit grew sharply. A $16 million hurricane loss is a real setback, but it does not erase those gains.

VAC · Marriott Vacations Worldwide

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Stronger sales and higher profit came from better sales results and more efficient marketing and sales spending. The company also lowered its debt compared with its earnings. Hurricane Lowell caused lost profit and temporarily closed resorts. The company still raised its full-year forecast, so the strong results carry more weight.

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