Investor Presentaiton slide image

Investor Presentaiton

BUSINESS UPDATE FINANCIAL SUMMARY & HIGHLIGHTS OUTLOOK Reconciliation of Non-GAAP Measures ADJUSTED NET INCOME AND ADJUSTED DILUTED EARNINGS PER SHARE (EPS) ($thousands) Net income Adjustments: Loss on extinguishment of debt Loss on impairment of unconsolidated joint ventures (Gain) Loss on sale of business & assets, and impairments, net Operational restructuring charges Due diligence and transition costs Exceptional allowances attributable to COVID-19 Net reimbursable surplus from franchised and managed properties Sale of tax credits on historic building Extraordinary termination fees from franchisee Adjusted Net Income Diluted Earnings Per Share Adjustments: Loss on extinguishment of debt Loss on impairment of unconsolidated joint ventures Gain on sale of business & assets, and impairments, net Operational restructuring charges APPENDIX Q2 2023* Q2 2022* FY 2023* FY 2022* 84,710 $ 106,168 $ 261,700 $ 332,150 (12,208) (2,473) 2,331 29,400 5,103 5,947 2,691 24,976 (943) (5,050) (26,510) 5,900 (39,233) $ 89,112 $ 79,876 $ 297,000 (17,212) 292,633 1.65 1.89 5.10 5.99 (0.22) (0.04) 0.05 0.58 0.09 Exceptional allowances attributable to COVID-19 (0.02) Net reimbursable surplus from franchised and managed properties (0.09) (0.47) 0.12 (0.71) Limited payment guarantee change Extraordinary termination fees from franchisee Due diligence and transition costs Adjusted Diluted Earnings Per Share (EPS) 0.02 (0.31) 0.12 0.05 0.45 1.75 1.43 5.80 5.27 *Figures are calculated using guidelines from the ASC 606 Revenue Recognition Standard. 16
View entire presentation