Vail Resorts Flags 15% Skier Drop, Guides EBITDA To Low End
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Vail Resorts reported a 15% drop in skier visits this season, leading to a forecast adjustment for fiscal-year EBITDA, now expected at the low end of $745 million to $775 million. The decline is attributed to low snowfall and warmer temperatures, resulting in a 5.6% decrease in lift revenue. CEO Rob Katz noted that March conditions were atypical, affecting late-season visitation. Early indicators suggest continued pressure on future seasons, with a decline in pass sales for 2026-2027. This follows previous guidance reductions, marking this winter as one of the most challenging in history for the western U.S.
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