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Article Date: September 2019
Word Count: 270

Vail Resorts Sales Surge on Acquisitions


Retail/rental revenue increased 9% to $34,407,000 from $31,451,000 in the small final fiscal quarter ended July 31, driven by higher sales at stores near MTN’s western U.S. resorts and other stores in Colorado, plus incremental revenue from the newly acquired resorts. Retail cost of sales jumped 34% to $17,114,000 from $12,773,000. For Vail Resorts overall, net loss in the fourth quarter was $89,525,000 against a loss of $83,660,000 on 15% higher revenues of $244,006,000 up from $211,637,000. The fiscal fourth quarter does include some late season skiing in western resorts, along with off season activities that bring in a fraction ... Log in to view full article.

 


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