Travel + Leisure Co. (TNL)

Travel + Leisure beat revenue expectations and matched adjusted EPS consensus in the second fiscal quarter of 2026, reported July 22, as revenue of about $1.1 billion topped the $1.04 billion estimate by 2% and rose about 4% from $1.02 billion a year ago. Adjusted EPS was $1.88 versus the $1.88 estimate, up about 14% from $1.65 a year earlier, while net income edged up near 1% to about $109 million from $108 million. Gross margin held around 57% and operating margin was near 20% as operating income came to roughly $210 million; operating cash flow reached about $165 million, the company repurchased $88 million of stock and paid $37 million in dividends. Next-period consensus calls for EPS of $2.07 on revenue of $1.08 billion.