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MTN's emphasis on the Resource Efficiency Transformation Plan bodes well. However, weather disruptions are a concern.
VAIL, Colo. , Oct. 1, 2024 /PRNewswire/ -- The Town of Vail, Vail Resorts, and East West Partners today announced a partnership to develop the West Lionshead area into a fourth base village at Vail Mountain, the world's premier alpine destination.
Vail's bottom line is under pressure as rising costs aren't offset by more revenue. As Epic Pass sales fall, the company's future profitability is in question.
Vail Resorts' Q4'24 results show strategic efforts to address weather and labor challenges, with the Resource Efficiency Transformation Plan aiming to streamline operations, improve margins, and enhance guest experiences. Despite a 1.6% revenue decline and negative EPS, ancillary spending and steady EBITDA highlight resilience; liquidity remains strong with nearly $1 billion available. The transformation plan targets $100 million in annual cost savings by FY'26, with a focus on global shared services and workforce management to improve margins.
The headline numbers for Vail Resorts (MTN) give insight into how the company performed in the quarter ended July 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Vail Resorts (MTN) came out with a quarterly loss of $4.67 per share versus the Zacks Consensus Estimate of a loss of $4.28. This compares to loss of $3.35 per share a year ago.
BROOMFIELD, Colo. , Sept. 26, 2024 /PRNewswire/ -- After 10 years of rapid expansion, Vail Resorts (NYSE: MTN), the world's largest mountain resort operator, today announced a two-year plan to transform the company for future growth and global expansion.
BROOMFIELD, Colo. , Sept. 26, 2024 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today reported results for the fourth quarter and fiscal year ended July 31, 2024 and reported results of season-to-date pass product sales.
Beyond analysts' top -and-bottom-line estimates for Vail Resorts (MTN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended July 2024.
Vail Resorts (MTN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.