Vail Resorts (MTN) Q2 Earnings Miss, Fiscal '24 View Down [Yahoo! Finance]
Vail Resorts, Inc. (MTN)
Last vail resorts, inc. earnings: 3/9 04:01 pm
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US:NYSE Investor Relations:
investors.vailresorts.com/investor-relations
Company Research
Source: Yahoo! Finance
The top line declined but the bottom line grew year over year. The company's performance was negatively impacted by weather-related challenges comprising low snowfall across its western North American resorts and moderate snowfall and variable temperatures at the Eastern U.S. resorts (including the Midwest, Mid-Atlantic and Northeast). This challenging weather condition resulted in a notable decline in guest visitation, thus affecting the top-line growth in the quarter. Nonetheless, solid contributions from the ski and ride school as well as the dining and rental businesses offset the above-mentioned headwinds to some extent. Also, the company's strategic cost management initiatives aided the bottom line during the quarter. Following the announcement, shares of Vail Resorts declined 3.8% in the after-hours trading session on Mar 11. Earnings & Revenues In the quarter under review, the company reported earnings of $5.76 per share, which missed the Zacks Consensus Estimate of
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MTN
News
- Leading Brands Unveil Exclusive Offers for Verified Military Members During National Military Appreciation Month [Yahoo! Finance]Yahoo! Finance
- Here's Why Baron Real Estate Fund Exited Vail Resorts (MTN) [Yahoo! Finance]Yahoo! Finance
- Vail Resorts Announces Pricing of Senior Notes OfferingPR Newswire
- Vail Resorts Announces Commencement of Senior Notes Offering [Yahoo! Finance]Yahoo! Finance
- Vail Resorts Announces Commencement of Senior Notes OfferingPR Newswire
MTN
Earnings
- 3/11/24 - Miss
MTN
Sec Filings
- 4/24/24 - Form 8-K
- 4/24/24 - Form 8-K
- 4/19/24 - Form 8-K
- MTN's page on the SEC website