Overview
- Choice Hotels posted Q2 results showing $64 million in net income, $175 million in adjusted EBITDA, and $2.02 in adjusted diluted EPS while U.S. RevPAR rose 1.3 percent.
- Choice opened roughly 6,400 U.S. rooms in the quarter, grew global net rooms 2.6 percent, and said it will begin selling owned hotels in the first half of 2027 as part of an asset‑light strategy.
- Choice ended June with $475 million in available liquidity and returned $139 million to shareholders year‑to‑date through dividends and buybacks.
- Commercial Vehicle Group grew Q2 revenue 13.5 percent to $195.2 million and expanded adjusted gross margin to 12.9 percent but reported a GAAP loss of $8.7 million and a wider adjusted net loss of $4.6 million due to higher SG&A and interest costs.
- CVG lowered net leverage to 3.3 times after $26.2 million of term‑loan paydowns, produced negative free cash flow of $1.4 million from program and working‑capital spending, and raised full‑year revenue guidance to $725 million–$755 million with $26 million–$31 million in adjusted EBITDA.