Vail Resorts is a leading global mountain resort company that operates a diverse portfolio of ski resorts and outdoor recreational properties. The company is dedicated to providing exceptional experiences for guests through a wide range of activities, including skiing, snowboarding, mountain biking, and hiking. Vail Resorts not only focuses on delivering high-quality services and amenities but also emphasizes sustainability and environmental stewardship in its operations. With a commitment to enhancing the mountain experience, Vail Resorts continually invests in infrastructure, innovation, and community engagement to create memorable adventures for visitors year-round.
Luxury ski resort company Vail Resorts (NYSE:MTN) reported Q3 CY2024 results exceeding the market’s revenue expectations, but sales were flat year on year at $260.3 million. Its GAAP loss of $4.61 per share was 7.7% above analysts’ consensus estimates.
Cyclicality has hit this fun-loving business. However, with the stock now down 50% and paying a 4.7% dividend, investors might want to consider snapping up a few shares.
Vail Resorts, Inc. (NYSE: MTN) shares are trading lower Friday afternoon after the company reported weaker-than-expected third-quarter financial results and revised its full-year 2024 guidance downward.
