Vail Resorts's stock tumbles after 'much lower' than expected pre-holiday resort visits [MarketWatch]
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
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Source: MarketWatch
Vail Resorts's stock tumbles after 'much lower' than expected pre-holiday resort visits Shares of Vail Resorts Inc. MTN, -10.57% tumbled 9.2% toward a 21-month low in premarket trade Friday, after the ski resort operator said destination guest visitation was "much lower" than anticipated in the pre-holiday period. As a result of its pre-holiday miss, the company said it now expects full-year resort reported earning before interest, taxes, depreciation and amortization (EBITDA) to be "slightly below the low end" its previously provided guidance range of $718 million to $750 million. Chief Executive Rob Katz said he believes the weak pre-holiday visitation resulted from concerns from two prior years of poor pre-holiday conditions at U.S. resorts, and the lack of a pick up in short-term bookings as expected. Over the holiday, Katz said results were in line with expectations, expect at Whistler Blackcomb and the Tahoe resorts. Separately, the company reported season-to-date lift ticket
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MTN
News
- 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
- NEW HAWAII $500+ MILLION RESIDENTIAL, RESORT-GOLF-BEACH DEVELOPMENTS ANNOUNCED WITHIN FAMED MAUNA KEA RESORT, AIMED TO APPEAL TO U.S. AND JAPANESE HIGH-END LUXURY BUYERS [Yahoo! Finance]Yahoo! Finance
- Vail Resorts (MTN) Reports Ski Season Metrics, Skier Visits Fall [Yahoo! Finance]Yahoo! Finance
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