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Vail Resorts Inc. - MTN STOCK NEWS

Welcome to our dedicated news page for Vail Resorts (Ticker: MTN), a resource for investors and traders seeking the latest updates and insights on Vail Resorts.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Vail Resorts's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Vail Resorts's position in the market.

Rhea-AI Summary
Vail Resorts, Inc. reported ski season metrics for North American destination mountain resorts and regional ski areas, showing a 16.2% decrease in total skier visits, a 2.6% increase in total lift ticket revenue, a 5.0% increase in ski school revenue, and a 5.8% decrease in dining revenue compared to the prior year. Despite challenging conditions, the CEO highlighted the stability provided by the season pass program and investments made in resorts and employees. The company expects Resort Reported EBITDA for fiscal 2024 to be in the lower half of the guidance range due to the impact of unfavorable conditions on guest visitation and revenue.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.72%
Tags
none
-
Rhea-AI Summary
Vail Resorts, Inc. (NYSE: MTN) reported a net loss of $175.5 million for Q1 of fiscal 2024, with a Resort Reported EBITDA loss of $139.8 million. Season pass sales for the 2023/2024 North American ski season increased by 4% in units and 11% in sales dollars. The company reaffirmed its fiscal year 2024 guidance and declared a $2.06 per share dividend payable in January 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.12%
Tags
earnings
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Rhea-AI Summary
Vail Resorts, Inc. (NYSE: MTN) has announced the acquisition of Crans-Montana Mountain Resort in Switzerland from CPI Property Group. The acquisition includes 1,400 meters of skiable vertical terrain, 140 kilometers of trails, and ownership stakes in various resort operations. The company plans to integrate Crans-Montana into its Epic Pass products for the 2024-25 ski and ride season, enhancing its European resort network.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
acquisition
Rhea-AI Summary
Vail Resorts (NYSE: MTN) Announces Launch of 2023/24 North American Season with Exclusive Cyber Sale and Epic Pass Benefits
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
none
-
Rhea-AI Summary
Vail Resorts, Inc. (NYSE: MTN) will release its fiscal first quarter 2024 financial results on December 7, 2023, followed by a conference call where executives will review the results. The call will be broadcast on www.VailResorts.com, with options for both online and telephone participation. A replay will also be available for a limited time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.91%
Tags
earnings
-
Rhea-AI Summary
Vail Resorts, Inc. reports net income of $268.1 million for fiscal 2023, a decrease from $347.9 million in fiscal 2022. Pass product sales for the upcoming ski season increased by 7% in units and 11% in sales dollars compared to the prior year. The company expects net income for fiscal 2024 to be between $316 million and $394 million. Vail Resorts declared a quarterly cash dividend of $2.06 per share and repurchased approximately 0.4 million shares during the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.4%
Tags
earnings
Rhea-AI Summary
Vail Resorts to release fiscal year 2023 financial results on September 28, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
earnings
-
Rhea-AI Summary
PotlatchDeltic Corporation appoints Wayne Wasechek as Vice President, Chief Financial Officer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
Tags
management
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Rhea-AI Summary
PotlatchDeltic Corporation appoints Wayne Wasechek as Vice President, Chief Financial Officer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
Tags
management
Rhea-AI Summary
Vail Resorts announces target winter opening day plans for the 2023/24 ski and ride season. The season will kick off at Keystone Resort in October, with other resorts opening by December 1. Lift tickets will be limited to preserve the guest experience. The Epic Pass Labor Day deadline is September 4. Vail Resorts introduces new chairlifts and terrain upgrades for the upcoming season. Mobile Pass & Mobile Lift Ticket will be available on the My Epic app.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
Tags
none
Vail Resorts Inc.

NYSE:MTN

MTN Rankings

MTN Stock Data

8.36B
34.77M
1.38%
102.66%
4.24%
Hotels (except Casino Hotels) and Motels
Accommodation and Food Services
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Broomfield

About MTN

vail resorts is the premier mountain resort company in the world and a leader in luxury, destination-based travel at iconic locations. at vail resorts, our mission is simple – to create the experience of a lifetime for our employees, so they can in turn, provide the experience of a lifetime for our guests. vail resorts is dedicated to delivering extraordinary guest experiences by continuously investing in our team and the infrastructure, systems and training programs that support the employee experience. you’re someone who pushes boundaries and challenges the status quo. you’re brave, ambitious and passionate in everything you do. and we want you on our team. pursue your fullest potential and never settle for less in the quest to deliver extraordinary guest service. join one of the world's 50 most innovative companies as named by fast company, and re-imagine the mountain resort experience with us. welcome to vail resorts. reach your peak. www.vailresortscareers.com