TradingKey – Vail Resorts (MTN) is releasing Q4 and full-year fiscal 2026 results on Monday, September 28, after the market closes. With that in mind, traders should keep in mind Monday’s regular-session closing price will not reflect results released after the close. That said, Monday’s report should give some insight into the company’s preliminary thoughts on the ski season and Epic Pass sales. Below are our thoughts on the reports.
Poor Snowfall Drove a Major Earnings Reset
In Q3, Vail Resorts reported a large decline in results, due to the lack of snow in the West. Overall, resort revenue decreased by 7.0%, and Resort Reported EBITDA declined by 9.5%, to $586.4 million. Skier visits declined by approximately 15%, with the…
