Vail Resorts Posts Lower Retail/Rental Sales
MTN’s retail and rental revenues slipped 5% to $43,342,000 from $45,407,000 in its small fiscal first quarter ended Oct. 31. Gross profit was down to $20,926,000 from $22,466,000 on 120 basis points of gross margin contraction to 48.3%. Overall, Vail’s net loss for the quarter ... Log in to view full article.