{
  "url": "https://struct.news/briefs/marriotts-48-sales-growth-ran-into-a-68-million-impairment-charge",
  "title": "Marriott's 4.8% sales growth ran into a $68 million impairment charge",
  "summary": "Marriott's diluted share count fell 3.7%, helping EPS rise to 2.90 while operating income edged down.",
  "published_at": "2026-08-03T17:30:12.060620+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Marriott International",
    "ticker": "MAR",
    "cik": "1048286",
    "sector": "Consumer Cyclical",
    "industry": "Lodging"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-03",
    "accession": "0001048286-26-000035",
    "url": "https://www.sec.gov/Archives/edgar/data/1048286/000104828626000035/mar-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-05",
    "url": "https://www.sec.gov/Archives/edgar/data/1048286/000104828625000006/mar-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "Marriott valuation snapshot",
      "label": "P/E",
      "value": 39.223363321799305,
      "display": "39.2x",
      "unit": "multiple",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001048286-26-000035",
        "filing_date": "2026-08-03"
      }
    },
    {
      "group": "Marriott valuation snapshot",
      "label": "Earnings yield",
      "value": 2.5495008977066136,
      "display": "+2.5%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001048286-26-000035",
        "filing_date": "2026-08-03"
      }
    },
    {
      "group": "Marriott valuation snapshot",
      "label": "Cash-flow yield",
      "value": 3.14840326160463,
      "display": "+3.1%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001048286-26-000035",
        "filing_date": "2026-08-03"
      }
    }
  ],
  "watch_next": [
    {
      "type": "demand",
      "statement": "U.S. & Canada RevPAR increased 5.0% in the second quarter and 4.6% in the first half, with management citing broad demand and World Cup demand.",
      "importance": "medium",
      "evidence": "In the U.S. & Canada, RevPAR increased 5.0 percent in the 2026 second quarter and 4.6 percent in the 2026 first half, reflecting strong demand across all brand tiers and customer segments, as well as demand from the World Cup in June 2026.",
      "source_date": "2026-08-03"
    }
  ],
  "related_tickers": [
    "MAR"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}