Hilton Worldwide Holdings reported first-quarter 2025 adjusted earnings per share (EPS) of $1.72, surpassing the estimated $1.61 and marking a 12.4% year-over-year increase. The company posted revenue of $2.70 billion, slightly below the $2.73 billion estimate, and adjusted EBITDA rose 6% year-over-year to $795 million. System-wide comparable revenue per available room (RevPAR) increased by 2.5% year-over-year. For the second quarter, Hilton projects adjusted EBITDA between $940 million and $960 million, slightly below the estimated $982.2 million, and adjusted EPS guidance ranges from $1.97 to $2.02, below the $2.11 estimate. The full-year 2025 outlook anticipates adjusted EBITDA between $3.65 billion and $3.71 billion and adjusted EPS between $7.76 and $7.94, with a slight downward revision in RevPAR guidance to 0-2% growth from the previous 2-3%. Hilton's CEO noted satisfaction with the first-quarter results despite weaker macroeconomic conditions, highlighting that the travel slowdown is more pronounced in corporate segments, particularly in the U.S. and China, while luxury brands like Waldorf remain strong. Limited service brands experienced more weakness. The company indicated that the EBITDA guidance cut of about 1% has a magnified impact on profits due to high leverage. Separately, Hillman Solutions reported first-quarter adjusted EPS of $0.10, in line with estimates, and sales of $359.34 million, slightly above the $357.33 million estimate, affirming its full-year 2025 sales guidance of $1.50 billion to $1.57 billion.