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Article Date: September 2018
Word Count: 219

Vail Resorts Has Small Gain in FQ4


Retail/rental revenue slipped 1% to $31,451,000 in the final fiscal quarter ended Jul. 31 from $31,612,000 last year, boosted by an increase at Whistler Blackcomb and incremental sales from Stowe, but with declines from stores at western U.S. resorts and in-town locations. Retail cost of sales declined 13% to $12,773,000 from $14,639,000 in the seasonally small quarter. MTN’s net loss expanded to $83,660,000 from a loss of $57,146,000 on total revenues of $211,637,000, up 1% from $209,124,000. After the end of the quarter, it closed on the acquisition of Okemo in VT, Mount Sunapee in NH and Crested Butte in ... Log in to view full article.

 


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