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0.0008212802847104 0.0008212802847104 0.000866906967194405 -0.0041976547885204 -0.0113838572797372 -0.0213989140849569 -0.0302048638043528 -0.031254277501483
Stock impact report

What Vail Resorts Wants Investors to Know [The Motley Fool]

Vail Resorts, Inc. (MTN) 
Last vail resorts, inc. earnings: 3/9 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
Highlights from the ski specialist's latest earnings call. Vail Resorts  ( NYSE:MTN ) disappointed investors by announcing a slight sales decline for its fiscal first quarter and an expanding net loss for the period. Wall Street reacted to the news by sending shares down by 16% immediately following the report. In a subsequent conference call with analysts , the ski resort chain explained why those worsening sales and profit trends aren't worrying the management team, and why investors can be confident that Vail's long-term growth outlook is intact. Below are a few highlights from that presentation. Image source: Getty Images. First-quarter losses aren't shocking Our first fiscal quarter historically operates at a loss, given that our North American mountain resorts are not open for ski operations during the period. -- CEO Rob Katz The company has been bulking up its offseason revenue sources by adding things like mountain zip-lining tours and outdoor w Show less Read more
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