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Article Date: June 2020
Word Count: 133

Vail Resorts Q3 Hit by Resort Closures


Retail/rental revenue fell 32% to $78,133,000 from $114,082,000 in the fiscal third quarter ended Apr. 30 due to resort and retail store closures caused by the Covid-19 pandemic, but benefitting from the addition of Peak Resorts. Retail cost of sales declined 39% to $23,476,000 from $38,191,000. Total Vail Resorts net income was down 48% to $152,546,000 from $292,134,000 on a 28% falloff in revenues to $694,087,000 from ... Log in to view full article.

 


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