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Stock impact report

Snow-starved California ski resorts delay openings despite powerful recent storms [Los Angeles Times (CA)]

Vail Resorts, Inc. (MTN) 
Last vail resorts, inc. earnings: 3/9 04:01 pm Check Earnings Report
Climate change is contributing to boom-and-bust cycles of extremely dry and heavy snow years, making it tough for resorts to plan ahead. It may have felt like the recent rain would never end in Los Angeles, but the record-breaking precipitation in Southern California has failed to translate into a much-desired dumping of snow at ski resorts across the state. While Friday was originally set as the opening date of the Heavenly and Northstar ski resorts in the Lake Tahoe area, officials said mild weather and stubbornly insufficient flurries have delayed those plans. Vail Resorts, which owns both resorts, has yet to announce an updated opening date. But the forecast ahead does not look promising. “A dry forecast is in store for the next week through Thanksgiving and Black Friday,” Open Snow wrote in its Tahoe area forecast Friday. “We could see a change in the pattern the weekend of the 29th with colder air moving in and maybe some snow. Overall, through the long-range, there are Show less Read more
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