MTN Stock Recent News
MTN LATEST HEADLINES
BROOMFIELD, Colo. , Sept. 5, 2024 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) announced today it will release the Company's financial results for its fiscal year ended July 31, 2024 after market close on Thursday, September 26, 2024.
Vail has struggled to grow recently, but the Epic Pass could unlock a bright future.
Skiers and riders also invited to leave their gear at home this season and try My Epic Gear membership: Premium gear available slopeside BROOMFIELD, Colo. , Aug. 14, 2024 /PRNewswire/ -- The best time to plan for winter is now, and your checklist to prepare for the ski and ride season is here.
Vail Resorts is the global leader in the ski industry with 37 resorts in North America alone. The company's scale, paired with Earth's limited number of mountains, gives Vail a wide moat.
KEYSTONE, Colo. , June 24, 2024 /PRNewswire/ -- The National Brotherhood of Snowsports (NBS), in partnership with Vail Resorts, is proud to share that NBS has selected Keystone Resort for its 2025 Annual Summit.
Recent 3Q24 earnings missed street estimates, with weak demand outlook ahead. Management attributes shift in demand and bad weather, but I believe high prices and macro conditions are main issues. I am staying with my hold rating for MTN due to weak demand, potential need for price cuts, and uncertain future outlook.
Vail Resorts' (MTN) prospects benefit from an effective season pass program, along with various strategic business investments. Yet, decreased skier visitation trends and weather-related challenges, along with increased expenses, mar prospects.
Vail Resorts dropped more than 10% after reporting Q3 results, which the company blamed on poorer ski conditions. The company's cut to guidance includes the negative impact from acquiring its second resort in Europe, which could be a long-term growth driver for the company. In spite of poor skiing conditions, the company grew revenue and adjusted EBITDA in Q3. Ski pass sales for the 2024/2025 season are also up in dollar terms.
Shares of Vail Resorts (MTN) headed downhill Friday, a day after the operator of ski resorts posted worse-than-expected results and cut its guidance as a lack of snowfall reduced demand.
Vail Resorts' (MTN) fiscal third-quarter performance reflects a decline in skier visits owing to unfavorable weather conditions.