lost revenue

Vail Resorts CEO Rob Katz pointed to the global pandemic for why the company reported a loss of $153.6 million in its fiscal fourth quarter, yesterday, missing Wall Street expectations. Closing the year, the company reported a profit of $98.8-million, on revenue of $1.96 billion. Revenue decreased by 13.7%, profit decreased by 67.2% on 2019, and income was its lowest since 2014. […]