The latest update is out from Viad ( (VVI) ).
Viad Corp reported strong third-quarter results for 2024, driven by significant performances from its Pursuit and GES divisions. Pursuit’s revenues grew by 13% outside of Jasper, despite temporary wildfire-induced closures, while GES saw a substantial 52.8% revenue increase due to major non-annual shows. The company anticipates further growth, supported by a strategic acquisition in Glacier National Park and the impending sale of GES to bolster Pursuit’s growth strategy. With full-year EBITDA growth expected, Viad remains well-positioned for continued success in the hospitality and attractions market.
For an in-depth examination of VVI stock, go to TipRanks’ Stock Analysis page.
