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lost revenue

COVID-19 Cost Vail Resorts $308-Million in Lost Revenue Last Year

vail resorts

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.ย Closing the year,ย 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. […]

Post Tag for Industry NewsIndustry News
Avatar photo SnowBrains | September 25, 2020
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