Retail and rental revenues in the fiscal third quarter ended Apr. 30 was 7% higher at $135,008,000 compared to $126,497,000 last year, slightly exceeding the 6% growth in skier visits. Implied gross margin expanded 50 basis points to 72.9%. For the season to date, the gains were even bigger, with retail and rental revenue jumping 19% to $335,284,000 from $281,704,000. Overall, MTN’s net income ... Log in to view full article.
