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Article Date: September 2022
Word Count: 168

Vail Resorts’ Retail Sales Finish FY22 Strong


Retail/rental revenue continued to outperform in MTN’s small fiscal fourth quarter, growing 24% to $30,064,000 from $24,275,000 on higher demand and fewer Covid-related restrictions on operations. In the northern hemisphere, most of the company’s revenue comes from warm season activities like golf and mountain biking. Gross margin expanded 90 basis points to 56.2%. Overall FQ4 net loss was 23% lower at $108,686,000 against as loss of $140,811,000 prior, on a 31% revenue increase to $267,136,000 ... Log in to view full article.

 


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