Vail Resorts ( (MTN) ) just unveiled an update.
Vail Resorts, Inc. has unveiled a two-year plan to enhance resource efficiency and achieve $100 million in annual savings by fiscal 2026, with $27 million anticipated in 2025. Despite a 9.5% drop in skier visitation and variable weather, the company’s stable advanced commitment strategy kept EBITDA consistent, excluding Crans-Montana acquisition impacts. Fiscal 2024 net income was $230.4 million, down from $268.1 million the previous year. Vail Resorts anticipates a fiscal 2025 net income of $224-$300 million and has declared a dividend, alongside a share repurchase program to bolster shareholder value.
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