The latest announcement is out from Vail Resorts ( (MTN) ).
Vail Resorts reported a net income of $245.5 million for the second quarter of fiscal 2025, showing growth from the previous year. The company updated its fiscal 2025 guidance, expecting net income between $257 million and $309 million, with Resort Reported EBITDA projected between $841 million and $877 million. The results reflect stability from the season pass program and investments in guest experience, despite a 2.5% decrease in skier visits. Ancillary revenue per guest visit was strong, although overall revenue was affected by a shift in destination guest visitation patterns. Vail Resorts is progressing with its two-year resource efficiency transformation plan, aiming for $100 million in annualized cost efficiencies by the end of fiscal 2026.
More about Vail Resorts
Vail Resorts, Inc. operates in the ski resort industry, providing mountain resort services and experiences. The company focuses on offering a range of services including skiing, ski school, dining, and retail/rental services across its North American destination mountain resorts and regional ski areas.
YTD Price Performance: -10.08%
Average Trading Volume: 574,725
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.9B
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