Vail Resorts Blames Covid-19 for $153.8-Million Loss Last Quarter | Advanced Pass Product Sales Up 20% to More Than 1.4-Million Units Yesterday, Vail Resorts announced a net loss of $153.8-million in the first quarterly earnings call of their 2021 fiscal year. The loss represents a decrease of 44.4% compared to the same quarter last year as the reality of covid-19 bites. Revenue of $136 million was down 50.8% year over year. Our results for the first quarter continued to be negatively impacted by […] Industry News SnowBrains | December 11, 2020 1 Comment
Vail Resorts’ Year End Financials: 13.5% Revenue Increase to $2-Billion, 21.5% Increase in Skier Visits | 19/20 Pass Sales Up 15% Already In an earnings call Thursday, Vail Resorts reported a profit of $301.2 million for the fiscal year, with increased revenues and visitation across its growing collection of resorts, reports Vail Daily. Total mountain net revenue increased 13.5%, to about $2 billion, for the year, which ended July 31. “Our results throughout fiscal 2019 highlight the growth and stability resulting from our […] Industry News SnowBrains | September 27, 2019 0 Comments
Vail Resorts, Inc Report Strong Winter Results | 19/20 Season Pass Sales Already 9% Up on Previous Record Year Vail Resorts, Inc on Thursday reported results for the third quarter of fiscal 2019 that ended April 30, 2019, as well as the company’s results of its early season pass sales for the 2019/2020 North American ski season. Net income was $292.1 million compared to $256.3 million in the same period in the prior year, although much of that growth came from the company’s […] Industry News SnowBrains | June 10, 2019 0 Comments
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