Net income leaped 58% to $235,691,000 from $149,179,000 for the second quarter ended Jan. 31 as sales improved 4% to $594,372,000 from $570,640,000 but retail rental revenues were down 6% to %115,446,000 from $123,233,000 for the period. It did manage to improve its gross profit percentage in retail to 64.9% from 63.5%. Commenting on the results, Vail said the decline in retail revenue was primarily in its Western resorts ... Log in to view full article.