Vail Resorts Retail Revenue Drops in Q3
The ski resort operator’s retail and rental revenue was down 8% to $104,211,000 from $123,262,000 in the fiscal third quarter ended Apr. 30, due to extremely unfavorable weather conditions that impacted visitation, particularly at its Rockies resorts. Retail cost of sales was cut by 2% to $29,744,000, resulting in a margin leverage ... Log in to view full article.