Earnings summaries and quarterly performance for VAIL RESORTS.
Executive leadership at VAIL RESORTS.
Robert Katz
Chief Executive Officer
Angela Korch
Executive Vice President and Chief Financial Officer
Bill Rock
President - Mountain Division
Greg Sullivan
Executive Vice President, Retail/Rental & Hospitality
Julie DeCecco
Executive Vice President, General Counsel and Chief Public Affairs Officer
Lynanne Kunkel
Executive Vice President, Chief Human Resources Officer & Chief Transformation Officer
Board of directors at VAIL RESORTS.
Bruce Sewell
Lead Independent Director
Hilary Schneider
Director
Iris Knobloch
Director
John Redmond
Director
John Sorte
Director
Michele Romanow
Director
Nadia Rawlinson
Director
Peter Vaughn
Director
Reginald Chambers
Director
Susan Decker
Director
Research analysts who have asked questions during VAIL RESORTS earnings calls.
Brandt Montour
Barclays PLC
8 questions for MTN
Chris Woronka
Deutsche Bank AG
8 questions for MTN
David Katz
Jefferies Financial Group Inc.
8 questions for MTN
Jeffrey Stantial
Stifel Financial Corp.
8 questions for MTN
Shaun Kelley
Bank of America Merrill Lynch
8 questions for MTN
Laurent Vasilescu
BNP Paribas S.A.
7 questions for MTN
Benjamin Chaiken
Mizuho Financial Group, Inc.
5 questions for MTN
Arpine Kocharian
UBS Group AG
4 questions for MTN
Stephen Grambling
Morgan Stanley
4 questions for MTN
Arpine Kocharyan
UBS
3 questions for MTN
Ben Chaiken
Mitsui
3 questions for MTN
Charles Scholes
Not Disclosed
3 questions for MTN
Patrick Scholes
Truist Financial Corporation
3 questions for MTN
Matthew Boss
JPMorgan Chase & Co.
2 questions for MTN
Megan Alexander
Morgan Stanley
2 questions for MTN
C. Patrick Scholes
Truist Securities
1 question for MTN
Megan Christine Alexander
Morgan Stanley
1 question for MTN
Megan Clapp
Morgan Stanley
1 question for MTN
Paul Golding
Macquarie Capital
1 question for MTN
Xian Siew
BNP Paribas
1 question for MTN
Recent press releases and 8-K filings for MTN.
- Vail Resorts reported $844 million in resort reported EBITDA for fiscal 2025, representing 2% growth compared to the prior year, despite a 3% decline in total skier visits across North American resorts.
- For fiscal year 2026, the company expects net income attributable to Vail Resorts to be between $201 million and $276 million and reported EBITDA between $842 million and $898 million. This guidance includes $38 million of incremental efficiencies from the Resource Efficiency Transformation Plan, which is expected to exceed $100 million in annualized cost efficiencies by the end of fiscal 2026.
- Season pass sales for the upcoming North American ski season, as of September 19, 2025, decreased approximately 3% in units but increased approximately 1% in sales dollars compared to the prior year period.
- The company is implementing strategic changes, including the introduction of Epic Friend Tickets to drive discounted lift ticket sales and future pass conversions, and investing in technology enhancements for the My Epic app, such as new in-app commerce functionality.
- During the quarter, Vail Resorts repurchased approximately 1.29 million shares for $200 million at an average price of approximately $156 per share and declared a quarterly cash dividend of $2.22 per share.
- Vail Resorts reported net income attributable to Vail Resorts, Inc. of $280.0 million and Resort Reported EBITDA of $844.1 million for fiscal year 2025.
- For fiscal year 2026, the company expects net income attributable to Vail Resorts, Inc. to be between $201 million and $276 million, and Resort Reported EBITDA to be between $842 million and $898 million.
- Pass product sales for the upcoming 2025/2026 North American ski season, through September 19, 2025, decreased approximately 3% in units but increased approximately 1% in sales dollars compared to the prior year period.
- The company declared a quarterly cash dividend of $2.22 per share and repurchased approximately 1.29 million shares for $200 million during the quarter, contributing to a total of 1.69 million shares repurchased for $270 million for the full fiscal year.
- Management stated that fiscal 2025 results were "below expectations" and pass sales growth was "limited," but expressed confidence in returning to "higher growth in fiscal year 2027 and beyond" through strategic adjustments.
- Vail Resorts reported net income attributable to Vail Resorts, Inc. of $280.0 million and Resort Reported EBITDA of $844.1 million for fiscal year 2025.
- For fiscal year 2026, the company provided guidance expecting net income attributable to Vail Resorts, Inc. to be between $201 million and $276 million and Resort Reported EBITDA between $842 million and $898 million.
- Pass product sales for the upcoming 2025/2026 North American ski season, through September 19, 2025, decreased approximately 3% in units but increased approximately 1% in sales dollars compared to the prior year period.
- The company declared a quarterly cash dividend of $2.22 per share payable on October 27, 2025, and repurchased approximately 1.29 million shares for $200 million during the quarter, contributing to a total of $270 million in repurchases for the full fiscal year.
- Vail Resorts completed an offering of $500 million aggregate principal amount of 5.625% Senior Notes due 2030 on July 2, 2025.
Quarterly earnings call transcripts for VAIL RESORTS.
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