Vail Resorts slides on lower than expected pre-holiday resort visits and lowered EBITDA guidance [Seeking Alpha]
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: Seeking Alpha
Vail Resorts slides on lower than expected pre-holiday resort visits and lowered EBITDA guidanceVail Resorts slides (MTN-13.7%) toward 21-month low, after the company said that despite good conditions, destination guest visitation was "much lower" than anticipated in the pre-holiday periodHence, MTN now expects FY EBITDA to be "slightly below the low end" its previously provided guidance of $718M-$750M."Weak pre-holiday visitation resulted from concerns from two prior years of poor pre-holiday conditions at US resorts, and the lack of pick up in short-term bookings as expected", said CEO Rob KatzOver the holiday, results were as expected, except at Whistler Blackcomb and Tahoe resorts that were lower than anticipatedSeason-to-date lift ticket revenue for North American mountain resorts is up 12.2%, ski school revenue +9.5% and total skier visits +16.9%.Press ReleaseClick to subscribe to real-time analytics on MTNNow read:Ski Your Way To Winning With Vail Resorts' Beaten Down Stock »Su
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MTN
Earnings
- 3/11/24 - Miss
MTN
Sec Filings
- 5/8/24 - Form 8-K
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- MTN's page on the SEC website