Vail Resorts Yesterday Reported $140.8-Million Loss in Last Financial Quarter During its earnings call yesterday, Vail Resorts reported a loss of $140.8 million for the fiscal fourth quarter, which ended July 31st. Covid-19 related closures in Australia significantly impacted this summer’s balance sheet. Related: Vail Resorts Announces $320 Million ‘Epic Lift Upgrade’ With 19 New Chairlifts Across 14 Resorts The company posted $204.2 million in revenue for the quarter, up from […] Industry News SnowBrains | September 24, 2021 0 Comments
Vail Resorts Beat Expectations Yesterday, Announcing 3rd Quarter Profit of $275-Million on $889-Million Revenue Vail Resorts’ profit for its latest quarter improved on the previous year when the covid-19 pandemic forced closures of the company’s destinations in the US and Canada. The Colorado-based ski resort operator yesterday reported a profit of $274.6 million for its fiscal third quarter, up from $152.5 million for the same period last year, beating expectations. Revenue increased to $889.1 million […] Industry News SnowBrains | June 8, 2021 2 Comments
Three Women Top Prize Money Earners on Alpine Skiing’s World Cup Circuit Women were the top three earners on this year’s World Cup circuit. The International Ski Federation released the circuit’s earnings table on Monday. Athletes are not paid a base salary on the World Cup circuit. They must rely on competition results and personal marketability for income as a professional skier. Team donations and other outside funding can also improve their budget. However, […] Industry News Alex Mangels | March 29, 2021 0 Comments
Vail Resorts Post Disappointing Earnings | $685m Sales Down 26% on Last Year, But Crushed Estimates Vail Resorts yesterday reported a disappointing revenue quarter, with sales totals down 26% from the same period last year. Total revenues were $684.6 million, and net attributable income was $147.8 million, down from $206.4 million in the same quarter last year. Related: Vail Resorts to Reward Employees With Bonuses for Unprecedented Year – Except Unionized Patrollers However, Vail Resorts stock was flying […] Industry News SnowBrains | March 12, 2021 1 Comment
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