Saturday , May 8 2021

Vail Resorts drops almost 13 points on Friday



EAGLE COUNTY – Friday to release "ski measurement measurements" Vail Resorts can accelerate the downward trend of the company's stock.

On Friday trading, the stock Vail Resorts charges $ 27.30 for $ 187.33 per share per share, a loss of 12.7%. The stock amounted to $ 301.42 per share per share on September 4, 2018. After closing the deal, the stock had a difference of 37.8 points.

On Friday, Vail Resorts released seasonal information on seasonal mountain resorts in North America.

This data includes:

  • Throughout the season, lifts in the total number of American mountain resorts in the United States, including seasonally-assigned revenues, were up 12.2% during the period to be applied.
  • Ski-to-date ski school income rose 9.5% and dining revenue increased 14.8 percent compared to the current period of the previous year. Retail / rental income The number of establishments in North American stations increased by 12% during the previous year.
  • The total number of ski season ski resorts in North America was 16.9% during the previous season.

In a statement, the CEO of Vail Resorts, Rob Katz, said: "It's better to see growing across our company …"

But, as it became apparent, the company lost expectations for Christmas holidays during the week. This makes the company's Resort EBITDA report aimed at the expectations (interest, taxes, before prior amortization earnings) "below the bottom of the guidance range below slightly on September 28, 2018."

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Vail Daily Business Editor can write to Scott Miller at [email protected] or 970-748-2930.


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