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
Vail Resorts Stock is Dropping Rapidly As Season is Cut Short The rapid spread of the Coronavirus has forced Vail Resorts to suspend operations for the remainder of the season. Drastically impacting the largest publicly traded company in the industry, Vail Resort’s stock is now experiencing a major drop. Fear has taken hold of stockholders, among others, with the possibility of a recession becoming a reality following the pandemic. After reaching the […] Industry News Emily Crofton | March 18, 2020 1 Comment