Vail Resorts’ Retail Sales Jumped Last Quarter
Retail/rental revenue increased 39% to $126,497,000 in the fiscal third quarter ended Apr. 30 from $91,286,000 last year, helped by fewer Covid-related limitations and restrictions at North American resorts and stronger demand. Implied gross margin inched up 20 basis points to 72.4%. Canada’s easing of foreign travel rules ... Log in to view full article.